On February 1, 2024, Elliott Investment Management announced that it has reached a settlement with Etsy, Inc. that hands a board seat to Elliott Investment. Elliott Investment stated that Marc Steinberg will join the Company?s board on February 5, 2024, with Marc Steinberg, the board now has 10 members, 9 of whom are independent. Elliott Investment added that the negotiations between the Company and Elliott Investment were described as cooperative and Elliott Investment did not enter into any arrangement or understanding with the Company that would require a regulatory filing to be made.