Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Josh Silverman earned $1.10M in total compensation at Etsy, including $660.00K salary and $396.00K bonus. Most recently sold 63,047 shares in Feb 2024. Currently holds stock worth $18.23M. Has donated $4.44M in stock to charitable causes. 8+ years at the helm of Etsy.

Compensation History

Annual executive compensation data for Josh Silverman, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.10M

Salary

$660.00K

Bonus

$396.00K

Other

$44.77K

Salary

$660.00K

Board Justification

The compensation philosophy is to align executive compensation with performance and the interests of stockholders, focusing on a mix of cash and equity incentives to drive long-term growth.

Bonus

$396.00K

Board Justification

The annual cash incentive program provides for no payment if the specified performance metrics are achieved below the threshold performance level and there is a maximum payment of 200% of the target bonus amount if achievement of the specified performance metrics meets or exceeds the 'stretch' performance level. For 2023, the corporate performance component was achieved at 129%, but payouts were limited to 50% of target for the CEO.

Other Compensation

$44.77K

Board Justification

Includes security services and 401(k) match contributions.

Restricted Stock

$0.000 RSU

Board Justification

No stock grants were vested in 2023 as the focus is on performance-based vesting for future periods.

Performance Metrics

The performance metrics for 2023 included GMS, revenue, and adjusted EBITDA margin, with individual performance goals also considered.

E

Josh Silverman

CEO of Etsy

Education

N/A

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1969 - 56 years ago

CEO of Etsy for

8 years 7 months (May 2017 - Present)

Previous Experience

Senior Operating Advisor at Hellman & Friedman, Executive in Residence at Greylock Partners, President of Consumer Products and Services at American Express, CEO of Skype, CEO of Shopping.com, co-founder and CEO of Evite, Inc.

Holdings

Track Josh Silverman's stock holdings and portfolio value over time.

Total Stock Sold

$273.28M

ETSY

$273.28M

2,168,300 ETSY shares

What if they kept their stock?

If Josh Silverman didn't sell their stock, today they would have:
Extra ETSY2,168,300 shares worth $115.48M.
This is -57.74% and $157.80M less than what they got when they sold the stock.

Charitable Transactions

ETSY

83,315 shares

ETSY

Recent Charitable Transactions

ETSY

60,264 shares

ETSY

Nov 15, 2020

Charity

ETSY

42,269 shares

ETSY

Jan 15, 2020

Charity

Insider Trading

Josh Silverman's recent stock transactions, purchases, and sales filed with the SEC.

ETSY

$4.57M

ETSY at $72.50/share

Feb 27, 2024

Sale

ETSY

$647.76K

ETSY at $62.14/share

Oct 25, 2023

Sale

ETSY

$674.81K

ETSY at $64.73/share

Oct 11, 2023

Sale

ETSY

$653.54K

ETSY at $62.69/share

Sep 27, 2023

Sale

ETSY

$674.86K

ETSY at $64.74/share

Sep 13, 2023

Sale

ETSY

$775.78K

ETSY at $74.41/share

Aug 30, 2023

Sale

ETSY

$784.22K

ETSY at $75.23/share

Aug 16, 2023

Sale

ETSY

$2.01M

ETSY at $96.22/share

Aug 2, 2023

Sale

ETSY

$1.98M

ETSY at $95.09/share

Jul 19, 2023

Sale

ETSY

$874.31K

ETSY at $83.87/share

Jul 5, 2023

Sale

Rivals

Compare Josh Silverman with competitor CEOs and industry peers.