Getty Images (GETY) CMO Gene Foca awarded 66,667 Class A shares
Rhea-AI Filing Summary
Getty Images Holdings Chief Marketing Officer receives stock-based award. Chief Marketing Officer Gene Foca was granted 66,667 shares of Class A Common Stock on an acquisition basis at a reference price of $1.03 per share, increasing his directly held stake to 542,223 shares.
The grant reflects a portion of a previously awarded performance restricted stock unit grant whose performance condition has been met. This portion of the award is scheduled to vest on March 20, 2026, as long as Foca continues his service with Getty Images Holdings. Each PSU converts into one share of Class A Common Stock upon vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 66,667 shares
Net Buy
1 txn
Insider
Foca Gene
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 66,667 | $1.03 | $69K |
Holdings After Transaction:
Class A Common Stock — 542,223 shares (Direct)
Footnotes (1)
- F1. The performance condition for a portion of a performance restricted stock unit award ("PSU") previously granted to the Reporting Person was satisfied, and such portion will vest on March 20, 2026. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject to the Reporting Person's continued service with the Issuer.
FAQ
What insider transaction did Getty Images (GETY) report for Gene Foca?
Getty Images reported that Chief Marketing Officer Gene Foca acquired 66,667 shares of Class A Common Stock as part of an equity award. The transaction reflects settlement of performance-based restricted stock units tied to prior performance conditions and is classified as an acquisition, not an open-market stock purchase or sale.
What is the nature of the equity award reported for Getty Images (GETY) CMO Gene Foca?
The filing describes a portion of a performance restricted stock unit (PSU) award granted earlier to Gene Foca. A specified performance condition was satisfied, allowing this portion to convert into shares of Class A Common Stock, subject to his continued service with Getty Images Holdings through the scheduled vesting date.
When will Gene Foca’s reported Getty Images (GETY) PSU award vest?
The portion of Gene Foca’s performance restricted stock unit award referenced in the filing is scheduled to vest on March 20, 2026. Vesting is contingent on his continued service with Getty Images Holdings, at which point each PSU will deliver one share of Class A Common Stock.
Does the Getty Images (GETY) Form 4 show a market sale or purchase by Gene Foca?
No, the Form 4 characterizes the transaction as an acquisition under an equity award, not a market trade. The 66,667-share increase stems from a performance-based restricted stock unit grant, with shares delivered upon meeting performance conditions rather than via open-market buying or selling.
AI-generated analysis. How Rhea-AI works. Not financial advice.