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[Form 4] Eventbrite, Inc. Insider Trading Activity

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

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.
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*
Underwood April

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
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 1,443 D (1) 156,484 D
Class A Common Stock 03/10/2026 D 156,484 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
Stock Option (Right to Buy) $12.1 03/10/2026 D 6,852 (3) 06/08/2032 Class A Common Stock 6,852 (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 $4,719.10, 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 did Eventbrite (EB) director April Underwood report in this Form 4?

April Underwood reported disposing of all her Eventbrite equity holdings. Her Class A common shares were cashed out at $4.50 per share, and an outstanding stock option was cancelled for a cash payment, leaving her with no remaining Eventbrite shares or options.

How were April Underwood’s Eventbrite (EB) common shares treated in the merger?

Each Eventbrite Class A common share was converted into the right to receive $4.50 in cash. This occurred at the effective time of the merger, when Eventbrite became a wholly owned subsidiary of Bending Spoons US Inc. under the previously signed merger agreement.

What happened to April Underwood’s Eventbrite stock options in this filing?

An option to purchase Eventbrite Class A common stock was disposed of to the issuer and cancelled. Because its exercise price exceeded the $4.50 merger consideration, it was converted into the right to receive a cash amount of $4,719.10, calculated using a Black‑Scholes model.

Does April Underwood still own Eventbrite (EB) shares after these transactions?

No, April Underwood reported zero Eventbrite shares following these transactions. One transaction line shows a remaining balance before a final disposition, and a subsequent line reports all directly held Class A common stock reduced to zero as part of the merger-related issuer dispositions.

How is the Bending Spoons acquisition reflected in this Eventbrite (EB) Form 4?

The Form 4 reflects the closing of the merger where Bending Spoons US Inc. acquired Eventbrite. At the effective time, all outstanding Class A and Class B common shares were converted into the right to receive $4.50 in cash, triggering Underwood’s reported dispositions.

What happened to Eventbrite (EB) restricted stock units at the merger closing?

At the effective time, each time-based Eventbrite restricted stock unit, vested or unvested, was cancelled and converted into a cash right. The amount equaled the number of underlying shares multiplied by the $4.50 per-share merger consideration, paid without interest and subject to tax withholding.
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