Getty Images (NASDAQ: GETY) cancels 19.3M options, grants 4.2M New Options
Rhea-AI Filing Summary
Getty Images Holdings, Inc. amended its Schedule TO to report results of an exchange offer.
On March 27, 2026, 19,255,067 Eligible Options were cancelled and the company granted 4,196,394 New Options pursuant to the Offer to Exchange; the New Options are subject to the Company’s 2022 Equity Plan.
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Key Figures
Eligible Options cancelled: 19,255,067 options
New Options granted: 4,196,394 options
Exchange Offer expiration: March 27, 2026
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4 metrics
Eligible Options cancelled
19,255,067 options
cancelled on March 27, 2026
New Options granted
4,196,394 options
granted on March 27, 2026 under the Offer to Exchange
Exchange Offer expiration
March 27, 2026
expired at 11:59 p.m. Eastern Standard Time
Amendment signature date
March 31, 2026
Amendment No. 3 signed and filed
Key Terms
Exchange Offer, Eligible Options, New Options, 2022 Equity Plan
4 terms
Exchange Offer financial
"relating to its offer to exchange (the “Exchange Offer”) certain outstanding stock options"
An exchange offer is a proposal where a company asks investors to swap existing securities, like bonds or shares, for new ones, often with different terms or maturity dates. It matters to investors because it can affect the value of their holdings and the company's financial strategy, potentially providing benefits like better interest rates or reduced debt.
Eligible Options financial
"Pursuant to the Exchange Offer, on March 27, 2026, 19,255,067 Eligible Options were cancelled"
New Options financial
"the Company granted 4,196,394 New Options in respect of the cancelled Eligible Options"
2022 Equity Plan regulatory
"the New Options are subject to the terms and conditions of the Company’s 2022 Equity Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Getty Images (GETY) exchange in the Offer to Exchange?
The company cancelled 19,255,067 Eligible Options and granted 4,196,394 New Options on March 27, 2026, under the terms of the Offer to Exchange and the 2022 Equity Plan.
When did the Getty Images exchange offer expire?
The Exchange Offer expired at 11:59 p.m. Eastern Standard Time on March 27, 2026. The March 27, 2026 expiration is the effective date for cancellation and grant activity reported in the amendment.
Are the New Options subject to any plan or conditions?
Yes. The New Options granted in the exchange are described in the Offer to Exchange and are explicitly subject to the terms and conditions of the company’s 2022 Equity Plan, as stated in Amendment No. 3.
Where is this exchange reported for Getty Images (GETY)?
The exchange is reported in Amendment No. 3 to the Schedule TO filed with the SEC and signed on March 31, 2026, supplementing the Offer to Exchange dated March 2, 2026.