Getty Images (GETY) SVP uses 3,350 shares to cover RSU tax withholding
Rhea-AI Filing Summary
Getty Images Holdings, Inc. Senior Vice President Peter Orlowsky reported a routine tax-related share disposition. On the vesting and settlement of RSUs, the company withheld 3,350 shares of Class A Common Stock at $0.61 per share to satisfy tax withholding obligations.
Following this tax-withholding transaction, Orlowsky directly owns 499,540 shares of Class A Common Stock. This event reflects a compensation-related share withholding rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,350 shares
Net Sell
1 txn
Insider
Orlowsky Peter
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 3,350 | $0.61 | $2K |
Holdings After Transaction:
Class A Common Stock — 499,540 shares (Direct)
Footnotes (1)
- F1. Represents shares of Class A Common Stock withheld by the Issuer to satisfy tax withholding obligations on the vesting and settlement of RSUs.
Key Figures
Shares withheld for taxes: 3,350 shares
Withholding price per share: $0.61 per share
Shares owned after transaction: 499,540 shares
3 metrics
Shares withheld for taxes
3,350 shares
Class A Common Stock withheld to satisfy RSU tax obligations
Withholding price per share
$0.61 per share
Value used for tax-withholding disposition of 3,350 shares
Shares owned after transaction
499,540 shares
Direct Class A Common Stock holdings following tax withholding
Key Terms
Class A Common Stock, RSUs, tax withholding obligations
3 terms
Class A Common Stock financial
"Represents shares of Class A Common Stock withheld by the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
RSUs financial
"tax withholding obligations on the vesting and settlement of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax withholding obligations financial
"withheld by the Issuer to satisfy tax withholding obligations"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Getty Images (GETY) report for Peter Orlowsky?
Getty Images reported a tax-related share disposition by Senior Vice President Peter Orlowsky. The company withheld 3,350 Class A shares to cover tax obligations arising from the vesting and settlement of restricted stock units (RSUs), rather than executing an open-market sale.
Was Peter Orlowsky’s Getty Images (GETY) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The 3,350 withheld Class A shares were used to satisfy tax withholding obligations on vested RSUs, classified as a tax-withholding disposition, rather than a discretionary buy or sell in the open market.
What does the Form 4 reveal about RSUs for Getty Images (GETY) executives?
The Form 4 shows that when RSUs vest and settle for executives like Peter Orlowsky, Getty Images may withhold shares to cover tax obligations. In this case, 3,350 Class A shares were retained by the issuer for that purpose instead of an open-market sale transaction.