Welcome to our dedicated page for Vivid Seats SEC filings (Ticker: SEAT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Vivid Seats Inc. (NASDAQ: SEAT) SEC filings page provides access to the company’s official regulatory disclosures as filed with the U.S. Securities and Exchange Commission. As an online ticket marketplace operating in the electronic shopping segment of the retail trade sector, Vivid Seats uses its filings to report on its financial condition, capital structure, governance, and material corporate events.
Investors can review current and periodic reports where Vivid Seats discusses metrics such as Marketplace Gross Order Value, marketplace and resale orders, revenues, and Adjusted EBITDA. These documents explain how the company evaluates performance, including the impact of event cancellations on Marketplace GOV and the role of non-U.S. GAAP measures like Adjusted EBITDA in management’s analysis.
Recent Form 8-K filings describe significant events such as the Corporate Simplification Agreement, termination of the Tax Receivable Agreement, elimination of the dual-class Up-C structure, and related issuance of Class A common stock and amended warrant agreements. Other 8-K disclosures cover leadership changes, including the appointment of a new Chief Executive Officer and Interim Chief Financial Officer, as well as announcements of quarterly financial results.
Through its filings, Vivid Seats also documents actions like the 1-for-20 reverse stock split of its Class A and Class B common stock, adjustments to outstanding warrants, and changes in voting power among major holders. On this page, users can follow these developments in sequence and, with AI-powered summaries, quickly understand the key points of lengthy reports, including how structural changes, cost programs, and governance decisions may affect the SEAT equity and SEATW warrants over time.
Vivid Seats Inc. Chief Accounting Officer Edward Pickus reported routine equity compensation activity involving Restricted Stock Units (RSUs) tied to Class A common stock. On March 11, 2026, he exercised RSUs that converted into 15,543 shares of Class A common stock.
To satisfy tax obligations related to this vesting, 6,417 shares of Class A common stock were withheld at a reference price of $6.10 per share, rather than sold in the open market. After these transactions, Pickus directly held 15,506 shares of Class A common stock. Footnotes explain that the various RSU grants vest in scheduled quarterly installments through dates extending into 2028.
Vivid Seats Inc. Chief Executive Officer Lawrence Fey reported the vesting and exercise of restricted stock units into Class A common stock. On March 11, 2026, he exercised RSUs covering 111,337 shares of Class A common stock, increasing his direct holdings to 185,428 shares after the transactions.
The RSUs represent the right to receive one share of Class A common stock per unit and vest in scheduled quarterly installments. Different RSU grants reach full vesting on dates ranging from March 11, 2026 through March 11, 2028, with another grant fully vesting on December 11, 2027.
Vivid Seats Inc. General Counsel Austin Arnett reported multiple equity transactions linked to restricted stock units (RSUs). On March 11, 2026, RSU vesting and conversion delivered 3,930 shares of Class A common stock at a conversion price of $0.00 per share.
To cover tax obligations from this vesting, 1,491 shares were disposed of at $6.10 per share through a tax-withholding transaction, and on March 12, 2026 an additional 247 shares were sold in the open market at a weighted average price of $5.08 per share under a mandatory sell-to-cover provision. Following these transactions, Arnett directly holds 2,679 shares of Class A common stock.
Vivid Seats Inc. Chief Technology Officer Stefano Langenbacher reported routine equity compensation activity involving restricted stock units (RSUs) tied to Class A common stock on March 11, 2026. He exercised or converted RSUs into 57,836 shares of Class A common stock, reflecting vesting of previously granted awards.
To cover tax obligations, 25,620 shares of Class A common stock were withheld at
Vivid Seats Inc. files its annual report describing an online marketplace that connects fans with ticket sellers across concerts, sports, and theater through its Marketplace and Resale segments, Skybox seller tools, and brands including Vegas.com and Wavedash.
The company reports non-cash goodwill and trademark impairments of $320.4 million in the second quarter of 2025 and $402.6 million in the fourth quarter of 2025. As of December 31, 2025, goodwill was $283.9 million, or 44.6% of total assets, and trademarks were $48.1 million, or 7.6% of total assets.
Key risks center on live event supply and demand, competition from major ticketing platforms, regulation of secondary ticket sales, privacy and AI-related data rules, and cybersecurity. As of December 31, 2025, the company had 565 employees, and as of February 28, 2026, it had 10,765,756 Class A shares outstanding.
Vivid Seats Inc. reported sharply weaker results for Q4 and full year 2025 and issued guidance for 2026. Q4 Marketplace gross order value was $580.6 million, down from $994.4 million, with revenues of $126.8 million versus $199.8 million and adjusted EBITDA of $0.8 million versus $34.2 million.
For 2025, Marketplace GOV fell to $2.70 billion from $3.89 billion, revenues declined to $570.8 million from $775.6 million, and net results swung to a $721.5 million net loss from $14.3 million of net income, driven largely by $723.0 million of non‑cash impairment charges. Adjusted EBITDA dropped to $41.8 million from $151.4 million, and operating cash flow moved to a $91.6 million use of cash from $53.9 million provided.
For 2026, the company guides Marketplace GOV to $2.2–$2.6 billion and adjusted EBITDA to $30–$40 million, and for Q1 2026 expects Marketplace GOV of $570–$620 million, adjusted EBITDA of $8–$10 million, and a cash balance of $125–$135 million. The board also determined a majority of directors are independent, restoring compliance with Nasdaq’s independence requirements.
Vivid Seats Inc.'s Chief Executive Officer, Lawrence Fey, reported an exercise of equity awards that increased his direct holdings of Class A common stock. On February 12, 2026, 1,854 Restricted Stock Units were converted into 1,854 shares of Class A common stock at an exercise price of $0 per share.
Following this derivative conversion, Fey directly owned 74,091 shares of Class A common stock and 9,272 Restricted Stock Units. The RSUs represent rights to receive Class A shares, with one-third having vested on May 12, 2025 and the remaining units vesting quarterly until fully vested on May 12, 2027.
Arnett Austin reported multiple insider transaction types in a Form 4 filing for SEAT. The filing lists transactions totaling 72 shares at a weighted average price of $6.83 per share. Following the reported transactions, holdings were 487 shares.
Vivid Seats Inc. chief technology officer Stefano Langenbacher reported equity award activity in company stock. On February 12, 2026, he exercised 592 Restricted Stock Units, converting them into the same number of Class A common shares at an exercise price of $0 per share. To cover tax obligations related to this vesting, 252 Class A shares were withheld and disposed of at $6.81 per share, leaving him with 9,050 Class A shares held directly. Following the transaction, he also directly held 4,146 Restricted Stock Units, which represent rights to receive the same number of Class A shares as they vest. According to the award terms, one‑third of these RSUs vested on November 12, 2025, and the remainder will vest in equal quarterly installments until fully vested on November 12, 2027.
Emeth Value Capital, LLC has filed a Schedule 13G reporting a passive ownership stake in Vivid Seats Inc. common stock. The firm reports beneficial ownership of 556,918 shares, representing 5.1% of the outstanding common stock as of the event date.
Emeth reports no sole or shared voting power over these shares, but has sole dispositive power over all 556,918 shares, meaning it controls decisions to sell or otherwise dispose of them. The filing is certified as being for ordinary course investment purposes, not to change or influence control of Vivid Seats.