[Form 4] Eventbrite, Inc. Insider Trading Activity
Eventbrite, Inc. director April Underwood reported disposing of her remaining equity in connection with the company’s merger with Bending Spoons.
Rhea-AI Filing Summary
Eventbrite, Inc. director April Underwood reported disposing of her remaining equity in connection with the company’s merger with Bending Spoons. On March 10, 2026, all of her Class A common shares were converted into the right to receive $4.50 per share in cash under the merger terms.
On the same date, a stock option covering Class A common stock was also disposed of to the issuer and cancelled, with a cash payment of $4,719.10 determined using a Black‑Scholes model. Following these transactions, Underwood reported holding no Eventbrite common shares or related stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Stock Option (Right to Buy) | 6,852 | $0.00 | $0.00 |
| Disposition | Class A Common Stock | 1,443 | $0.00 | $0.00 |
| Disposition | Class A Common Stock | 156,484 | $0.00 | $0.00 |
Footnotes (3)
- 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.
- F3. 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 $4,719.10, which was determined based on a Black-Scholes model.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Eventbrite (EB) director April Underwood report in this Form 4?
What happened to April Underwood’s Eventbrite stock options in this filing?
How is the Bending Spoons acquisition reflected in this Eventbrite (EB) Form 4?
What happened to Eventbrite (EB) restricted stock units at the merger closing?
AI-generated analysis. How Rhea-AI works. Not financial advice.