Getty Images (GETY) officer receives 20,834-share performance stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Getty Images Holdings officer Michael Teaster acquired 20,834 shares of Class A common stock through a performance-based equity award. The award is recorded at a price of $1.03 per share and increases his directly held stake to 267,055 shares.
The shares relate to a portion of a previously granted performance restricted stock unit award whose performance condition was met. This portion of the PSUs will vest on March 20, 2026, with each unit delivering one share, contingent on Teaster’s continued service with the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Teaster Michael
Role
Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 20,834 | $1.03 | $21K |
Holdings After Transaction:
Class A Common Stock — 267,055 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Getty Images (GETY) report for Michael Teaster?
Getty Images reported that Chief of Staff Michael Teaster acquired 20,834 Class A common shares via a performance-based equity award. The grant reflects satisfaction of a PSU performance condition and increases his directly held position to 267,055 shares, according to the Form 4 filing.
What is the nature of the equity award reported for Michael Teaster at Getty Images (GETY)?
The filing describes a performance restricted stock unit (PSU) award previously granted to Michael Teaster. A portion’s performance condition was satisfied and will vest on March 20, 2026, with each PSU converting into one Class A common share, subject to continued service.
When will Michael Teaster’s reported performance stock units in Getty Images (GETY) vest?
The satisfied portion of Michael Teaster’s performance restricted stock unit award is scheduled to vest on March 20, 2026. Each vested PSU will deliver one share of Class A common stock, provided he continues serving with Getty Images through that vesting date.
What role does Michael Teaster hold at Getty Images (GETY) in this Form 4?
Michael Teaster is identified as an officer of Getty Images Holdings, serving as Chief of Staff. The Form 4 links his officer role to the reported performance-based equity award, which granted him 20,834 Class A common shares upon satisfaction of a performance condition.