Getty Images (GETY) CPO offloads 42,022 shares to cover tax obligations
Rhea-AI Filing Summary
Getty Images Holdings, Inc. Chief Product Officer Grant Farhall reported an open-market sale of 42,022 shares of Class A common stock at a weighted average price of $0.78 per share. The shares were sold in multiple trades between $0.76 and $0.82.
According to the footnotes, these non-discretionary sales were made to cover mandatory tax withholding obligations tied to the vesting and settlement of restricted stock units and performance restricted stock units, under Rule 10b5-1 trading plan instructions in award agreements dated March 16, 2023. After the transaction, Farhall directly holds 288,190 shares of Getty Images common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 42,022 | $0.78 | $33K |
Footnotes (1)
- 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 March 16, 2023, for the respective equity grants. 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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