secwatch.observer — SEC 8-K summary
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Issuer:     ETSY INC (ETSY)
CIK:        0001370637
Form:       8-K
Filed at:   2026-07-30T20:06:02+00:00
Accession:  0001370637-26-000071
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Etsy completes sale of Depop to eBay for ~$1.4B in cash
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- Aggregate cash consideration of ~$1.4B: $1.2B base price plus $200M net adjustments and interest.
- Net proceeds subject to post-closing adjustments; Etsy plans to accelerate share repurchases.
- Pro forma gain on sale of $805M recorded to accumulated deficit; Depop classified as discontinued operation.
- Etsy will focus exclusively on its core marketplace; CEO Kruti Patel Goyal highlighted strong shareholder outcome.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370637/000137063726000071/0001370637-26-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370637/000137063726000071/etsy-20260730.htm
  HTML page:      https://secwatch.observer/filing/0001370637-26-000071

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer