Getty Images (GETY) CPO offloads 42,022 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
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
Net Seller: 42,022 shares ($32,777)
Net Sell
1 txn
Insider
Farhall Grant
Role
Chief Product Officer
Sold
42,022 shs ($33K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 42,022 | $0.78 | $33K |
Holdings After Transaction:
Class A Common Stock — 288,190 shares (Direct)
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
What insider transaction did Getty Images (GETY) report for Grant Farhall?
Getty Images reported that Chief Product Officer Grant Farhall sold 42,022 shares of Class A common stock. The sale was an open-market transaction primarily to cover tax withholding obligations linked to vesting equity awards, according to the accompanying footnotes.
What type of security did Grant Farhall trade in this Getty Images (GETY) Form 4?
The transaction involved Class A common stock of Getty Images Holdings, Inc. No derivative securities were reported in this filing, and the derivative summary section shows no remaining derivative positions from this specific report.