SEAT Form 4: Stanley Chia Reports 2,180 and 8,075 RSU Acquisitions
Rhea-AI Filing Summary
Stanley Chia, Chief Executive Officer and Director of Vivid Seats Inc. (SEAT), reported acquisitions of restricted stock units on 09/11/2025. The Form 4 shows two grant/vesting events: 2,180 RSUs and 8,075 RSUs were reported as acquired (transaction code M) and are held in a trust for the benefit of immediate family, of which Mr. Chia is co-trustee and beneficial owner. Following these transactions, the filing reports total beneficial ownership figures of 118,887 and 126,962 shares for the two lines, and derivative holdings underlying the RSUs of 4,360 and 48,450 Class A shares respectively. The RSUs have specified vesting schedules in the explanations and no expiration dates.
Positive
- RSU vesting increased beneficial ownership, with 2,180 and 8,075 RSUs reported as acquired on 09/11/2025.
- Holdings are placed in a trust for immediate family, where the reporting person is co-trustee and is the beneficial owner, clarifying ownership form.
Negative
- None.
Insights
TL;DR: Routine insider vesting reported; ownership held via family trust preserves alignment with shareholders.
The Form 4 documents typical executive equity vesting rather than open-market purchases or sales. The reporting person holds these RSUs in a trust for immediate family, with clear vesting schedules and no expiration. This is a governance- and compensation-related disclosure, reflecting equity compensation realization rather than a change in control, sale, or purchase from the market. The disclosure is complete with transaction dates, codes, and post-transaction ownership counts.
TL;DR: Vesting of RSUs increases beneficial holdings; schedules show multi-year incremental vesting.
The filing shows two RSU tranches vesting under different schedules: one tranche that vests fully by March 11, 2026 and another by March 11, 2027, with prior partial vesting dates noted. Each RSU converts to one share on settlement. The reported zero exercise/strike price and lack of expiration are consistent with standard RSU awards. This is a routine compensation event affecting reported beneficial ownership levels.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,180 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,075 | $0.00 | -- |
| Exercise | Class A Common Stock | 2,180 | $0.00 | -- |
| Exercise | Class A Common Stock | 8,075 | $0.00 | -- |
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. Held by a trust, of which the reporting person is co-trustee, for the benefit of his immediate family members. The reporting person is the beneficial owner of the securities held by the trust. One-third of the RSUs vested on March 11, 2024. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2026. The RSUs do not have an expiration date. One-third of the RSUs vested on March 11, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2027. The RSUs do not have an expiration date.
