Eventbrite (EB) director’s shares and RSUs cashed out in $4.50 merger
Rhea-AI Filing Summary
Eventbrite, Inc. director Pilar Manchón reported the cash-out of her equity holdings following the completion of Eventbrite’s merger with Bending Spoons US Inc. On March 10, 2026, all of her Class A common shares were disposed of to the issuer in connection with the merger terms, leaving her with zero shares.
Under the merger agreement, each share of Eventbrite Class A and Class B common stock outstanding immediately before the effective time was converted into the right to receive $4.50 in cash, without interest and subject to applicable withholding taxes. Outstanding time-based restricted stock units were also cancelled at closing and converted into a cash payment based on the same $4.50 per-share merger consideration.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock | 30,483 | $0.00 | $0.00 |
| Disposition | Class A Common Stock | 133,154 | $0.00 | $0.00 |
Footnotes (2)
- F1. On March 10, 2026, pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 1, 2025, by and among Eventbrite, Inc., a Delaware corporation (the "Issuer"), Bending Spoons US Inc., a Delaware corporation ("Parent") and a wholly owned subsidiary of Bending Spoons S.p.A., and Everest Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving the Merger as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), subject to the terms and conditions of the Merger Agreement, each share of Class A common stock and Class B common stock issued and outstanding immediately prior to the Effective Time (subject to certain exceptions) was converted into the right to receive $4.50 in cash, without interest and subject to applicable withholding taxes (the "Merger Consideration").
- F2. At the Effective Time, each time-based Issuer restricted stock unit (including deferred restricted stock units, each an "Issuer RSU") that was outstanding immediately prior to the Effective Time (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to (x) the total number of shares underlying such Issuer RSU, multiplied by (y) the Merger Consideration.
FAQ
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