Getty Images SVP sells shares for tax withholding
Getty Images Holdings, Inc. Senior VP of Ecommerce Weston Daine Marc reported an open-market sale of 12,928 shares of Class A common stock at a weighted average price of $0.78 per share.
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Rhea-AI Filing Summary
Getty Images Holdings, Inc. Senior VP of Ecommerce Weston Daine Marc reported an open-market sale of 12,928 shares of Class A common stock at a weighted average price of $0.78 per share. The filing states these were non-discretionary sales to cover mandatory tax withholding on vesting restricted stock and performance units under Rule 10b5-1 instructions.
After the transaction, Marc directly holds 142,159 shares, so the sale represents a small portion of his overall position and appears tied to routine tax obligations rather than a discretionary portfolio change.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 12,928 | $0.78 | $10K |
Footnotes (2)
- F1. The non-discretionary sales to cover mandatory tax withholding obligations in connection with the vesting and settlement of restricted stock units and performance restricted stock units reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted in connection by the Reporting Person in award agreements, dated June 5, 2023, for the respective equity grants.
- F2. This transaction was executed in multiple trades at prices ranging from $.76 to $.82. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
FAQ
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What insider transaction did Getty Images (GETY) report on this Form 4?
Was the Getty Images (GETY) insider sale made under a Rule 10b5-1 plan?
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