Getty Images (NYSE: GETY) SVP records stock sale and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Getty Images Holdings senior VP of Ecommerce Weston Daine Marc reported two transactions in Class A common stock. On June 22, he sold 2,508 shares in an open-market transaction at a weighted average price of $1.30 per share, executed in multiple trades between $1.30 and $1.31.
On June 20, 2,344 shares were disposed of to satisfy tax withholding obligations upon the vesting and settlement of restricted stock units; these non-discretionary, tax-related dispositions were effected under Rule 10b5-1 trading plan instructions. After these transactions, he directly holds 250,977 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,508 shares ($3,260)
Net Sell
2 txns
Insider
Weston Daine Marc
Role
Senior VP, Ecommerce
Sold
2,508 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,508 | $1.30 | $3K |
| Tax Withholding | Class A Common Stock | 2,344 | $0.61 | $1K |
Holdings After Transaction:
Class A Common Stock — 250,977 shares (Direct, null)
Footnotes (1)
- Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of RSUs. The non-discretionary sales to cover mandatory tax withholding obligations in connection with the vesting and settlement of restricted stock units reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted by the Reporting Person in an award agreement dated June 5, 2023. This transaction was executed in multiple trades at prices ranging from $1.30 to $1.31. 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.
Key Figures
Open-market sale: 2,508 shares
Sale price: $1.30 per share
Tax-withholding disposition: 2,344 shares
+3 more
6 metrics
Open-market sale
2,508 shares
Class A Common Stock sold on June 22, 2026
Sale price
$1.30 per share
Weighted average price; trades ranged from $1.30 to $1.31
Tax-withholding disposition
2,344 shares
Shares disposed to satisfy tax withholding on RSU vesting June 20, 2026
Tax-related price
$0.61 per share
Value used for tax-withholding disposition of 2,344 shares
Post-transaction holdings
250,977 shares
Class A Common Stock directly held after reported transactions
Net shares sold
2,508 shares
Net of buy/sell activity; tax withholding reported separately
Key Terms
Rule 10b5-1 trading plan, restricted stock units, tax withholding obligations, weighted average sale price, +1 more
5 terms
Rule 10b5-1 trading plan financial
"were effected pursuant to Rule 10b5-1 trading plan instructions adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"tax withholding obligations on the vesting and settlement of RSUs"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of RSUs"
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transactions did Getty Images (GETY) report for Weston Daine Marc?
Getty Images reported that senior VP of Ecommerce Weston Daine Marc sold 2,508 Class A common shares at a weighted average price of $1.30 and had 2,344 shares disposed of to cover tax withholding on vested restricted stock units.
What portion of Weston Daine Marc’s Getty Images (GETY) Form 4 relates to taxes?
The Form 4 shows 2,344 Class A common shares disposed of to satisfy tax withholding obligations. This tax-related event occurred in connection with the vesting and settlement of restricted stock units and is separate from the 2,508-share open-market sale transaction.