Eventbrite (NYSE: EB) CEO details RSU and PSU vesting, tax share withholding
Rhea-AI Filing Summary
Eventbrite, Inc.'s CEO and director reported several equity transactions on 12/19/2025. The filings show 6,863 Class A shares acquired upon the settlement of restricted stock units and a deemed acquisition of 1,632,688 Class A shares tied to performance-based restricted stock units, both at an exercise price of $0.0. The company withheld 1,413,175 Class A shares at $4.43 per share to cover income tax obligations, which is not described as a sale by the insider.
After these transactions, the reporting person beneficially owns 1,803,156 Class A shares directly, plus 2,456 Class A shares held through a family revocable trust and 74,341 Class A shares held by a spouse who serves as chairman of the board. The filing notes that the vesting and settlement of the awards accelerated in December 2025 under terms previously described in a December 2025 current report.
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FAQ
What insider transactions did Eventbrite (EB) report on 12/19/2025?
The reporting person, who is Eventbrite's CEO, director, and 10% owner, reported multiple 12/19/2025 transactions in Class A common stock, including the settlement of 6,863 RSU-based shares, a deemed acquisition of 1,632,688 performance-based RSU shares, and the withholding of 1,413,175 shares to cover taxes.
How many Eventbrite (EB) shares does the reporting person own after these transactions?
Following the reported activity, the insider directly owns 1,803,156 shares of Eventbrite Class A common stock, plus 2,456 shares held through a family revocable trust and 74,341 shares held by a spouse who is chairman of the board.
Were any of the Eventbrite (EB) insider shares sold in the open market?
The filing states that 1,413,175 shares were withheld by Eventbrite to satisfy income tax and withholding obligations related to RSU and PSU settlement and does not describe this as a sale by the reporting person.
What do the performance-based restricted stock units (PSUs) for Eventbrite (EB) represent?
The filing describes a deemed acquisition of 1,632,688 shares of Class A common stock underlying unvested PSUs, based on deemed attainment of performance metrics at target performance, as permitted under a merger agreement and related schedules.
How do the restricted stock units (RSUs) for Eventbrite (EB) normally vest?
Each RSU represents a right to receive one share of Class A common stock. In the ordinary course, these RSUs vest in sixteen equal quarterly installments from February 1, 2022 through February 1, 2026, subject to continued service, although their vesting accelerated in December 2025.
Why did Eventbrite (EB) accelerate vesting of certain RSUs and PSUs for the insider?
The RSUs and PSUs for the reporting person accelerated vesting and settlement in December 2025, consistent with terms described in a December 2025 current report and a related merger agreement and disclosure schedules.