Getty Images SVP sells 2,508 shares in Form 4
Getty Images Holdings senior VP of Ecommerce Weston Daine Marc reported two transactions in Class A common stock.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 2,508 | $1.30 | $3K |
| Exercise Price or Tax Liability | Class A Common Stock | 2,344 | $0.61 | $1K |
Footnotes (3)
- F1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of RSUs.
- F2. 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.
- F3. 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
Key Terms
Rule 10b5-1 trading plan financial
restricted stock units financial
tax withholding obligations financial
weighted average sale price financial
open-market sale financial
FAQ
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