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Eventbrite (EB) CPO disposes all holdings in $4.50-per-share merger

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Eventbrite, Inc.’s Chief Product Officer, Ted Dworkin, reported dispositions of stock options and common shares in connection with the closing of the company’s merger with Bending Spoons’ affiliates. The filing shows these were issuer-related transactions under a previously signed merger agreement, not open‑market trades.

At the merger effective time, each share of Class A and Class B common stock was converted into the right to receive $4.50 in cash, subject to taxes. Time-based restricted stock units were similarly cancelled for cash based on this amount. Options with exercise prices above $4.50 were cancelled and converted into a cash right of $225,064.11, determined using a Black‑Scholes model, leaving Dworkin with no remaining reported options or shares.

Positive

  • None.

Negative

  • None.
Insider Dworkin Ted
Role Chief Product Officer
Type Security Shares Price Value
Disposition Incentive Stock Option (right to buy) 44,303 $0.00 --
Disposition Non-Qualified Stock Option (right to buy) 193,339 $0.00 --
Disposition Class A Common Stock 529,335 $0.00 --
Disposition Class A Common Stock 606,704 $0.00 --
Holdings After Transaction: Incentive Stock Option (right to buy) — 0 shares (Direct); Non-Qualified Stock Option (right to buy) — 0 shares (Direct); Class A Common Stock — 606,704 shares (Direct)
Footnotes (1)
  1. 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"). 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. At the Effective Time, any option to purchase shares of Class A Common Stock that was outstanding and unexercised immediately prior to the Effective Time for which the exercise price exceeded the Merger Consideration (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to $225,064.11, which was determined based on a Black-Scholes model.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dworkin Ted

(Last) (First) (Middle)
C/O EVENTBRITE, INC.
95 THIRD STREET, 2ND FLOOR

(Street)
SAN FRANCISCO CA 94103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Eventbrite, Inc. [ EB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Product Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 03/10/2026 D 529,335 D (1) 606,704 D
Class A Common Stock 03/10/2026 D 606,704 D (2) 0 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Incentive Stock Option (right to buy) $8.72 03/10/2026 D 44,303 (3) 02/14/2033 Class A Common Stock 44,303 (3) 0 D
Non-Qualified Stock Option (right to buy) $8.72 03/10/2026 D 193,339 (3) 02/14/2033 Class A Common Stock 193,339 (3) 0 D
Explanation of Responses:
1. 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").
2. 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.
3. At the Effective Time, any option to purchase shares of Class A Common Stock that was outstanding and unexercised immediately prior to the Effective Time for which the exercise price exceeded the Merger Consideration (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to $225,064.11, which was determined based on a Black-Scholes model.
By: Kristin Johnston, Attorney-in-fact For: the Reporting Person 03/12/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Eventbrite (EB) report for Ted Dworkin?

Ted Dworkin, Eventbrite’s Chief Product Officer, reported issuer-related dispositions of stock options and Class A common shares. These transactions occurred at the merger effective time and reflect conversion of his equity awards into cash rather than open‑market buying or selling.

How were Eventbrite (EB) common shares treated in the merger?

Each Eventbrite Class A and Class B common share was converted into the right to receive $4.50 in cash. The payment is without interest and subject to applicable withholding taxes, reflecting the cash consideration agreed in the merger agreement with Bending Spoons’ affiliates.

What happened to Eventbrite (EB) restricted stock units in this transaction?

Each time-based Eventbrite restricted stock unit outstanding immediately before the effective time was cancelled and converted to cash. Holders became entitled to cash equal to the number of underlying shares multiplied by the $4.50 per-share merger consideration, payable without interest but subject to taxes.

How were Eventbrite (EB) stock options handled under the merger terms?

Unexercised options to purchase Class A common stock with exercise prices above the $4.50 merger price were cancelled and converted into a cash right of $225,064.11. This amount was determined using a Black‑Scholes valuation model, replacing those option awards with a fixed cash entitlement.

Does Ted Dworkin still hold Eventbrite (EB) equity after these Form 4 transactions?

The Form 4 shows Ted Dworkin’s reported derivative positions and common shares were fully disposed of to the issuer in connection with the merger. Following these dispositions, the filing reports no remaining stock options and no directly held Eventbrite common shares.
Eventbrite

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