Vivid Seats (SEAT) CEO boosts stake by 87,905 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vivid Seats Inc. director and Chief Executive Officer Lawrence Fey exercised equity awards to acquire additional Class A common stock. On June 11, 2026, he acquired 87,905 shares of Class A common stock through derivative exercises, bringing his direct Class A holdings to 275,187 shares following the transactions.
On the same date, multiple blocks of Restricted Stock Units (RSUs) were converted into Class A shares, with related RSU balances of 458,715, 51,899, and 12,114 RSUs reported after the transactions. Footnotes explain that each RSU represents a right to one Class A share and describe vesting schedules through March 11, 2028 and December 11, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
87,905 shares exercised/converted
Mixed
4 txns
Insider
Fey Lawrence
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,038 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,414 | $0.00 | -- |
| Exercise | Restricted Stock Units | 76,453 | $0.00 | -- |
| Exercise | Class A Common Stock | 87,905 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,114 shares (Direct, null);
Class A Common Stock — 275,187 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. 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. One-third of the RSUs vested on March 11, 2026. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2028. The RSUs do not have an expiration date. The RSUs began vesting in equal quarterly installments on March 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.
Key Figures
Shares acquired via exercise: 87,905 shares
Post-transaction Class A holdings: 275,187 shares
Large RSU balance: 458,715 RSUs
+5 more
8 metrics
Shares acquired via exercise
87,905 shares
Class A common stock acquired on June 11, 2026 via derivative exercise
Post-transaction Class A holdings
275,187 shares
Direct Class A common stock owned by CEO after June 11, 2026
Large RSU balance
458,715 RSUs
Restricted Stock Units remaining after June 11, 2026 transaction
Additional RSU balance
51,899 RSUs
Second RSU holding after June 11, 2026 transaction
Smaller RSU balance
12,114 RSUs
Third RSU holding after June 11, 2026 transaction
RSU vesting end date (grant group 1)
March 11, 2027
RSUs vest quarterly until fully vested on March 11, 2027
RSU vesting end date (grant group 2)
March 11, 2028
RSUs vest quarterly until fully vested on March 11, 2028
RSU vesting end date (grant group 3)
December 11, 2027
RSUs vest quarterly until fully vested on December 11, 2027
Key Terms
Restricted Stock Unit ("RSU"), Class A common stock, vested, derivative security, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Class A common stock financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock."
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.
vested financial
"One-third of the RSUs vested on March 11, 2025."
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
quarterly installments financial
"The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested"
FAQ
What did Vivid Seats (SEAT) CEO Lawrence Fey report in this Form 4?
Lawrence Fey reported exercising equity awards to acquire more Class A common stock. He obtained 87,905 shares through derivative exercises and reported post-transaction direct ownership of 275,187 Class A shares, reflecting routine equity compensation activity rather than an open-market stock purchase or sale.
What Restricted Stock Unit (RSU) activity did Vivid Seats (SEAT) disclose for the CEO?
The filing shows multiple RSU derivative entries, each convertible into Class A shares. Following these transactions, RSU balances of 458,715, 51,899, and 12,114 units were reported. Footnotes explain that each RSU equals one Class A share and outline specific multi-year vesting schedules.
Do the Vivid Seats (SEAT) CEO’s RSUs have an expiration date?
The footnotes state that the RSUs do not have an expiration date. Instead, they vest over time according to fixed schedules, with portions vesting on March 11, 2025, March 11, 2026, and continuing in quarterly installments through March 11, 2028 and December 11, 2027.
Were there any open-market stock sales or purchases by the Vivid Seats (SEAT) CEO?
The reported transactions all use code M, described as exercise or conversion of derivative securities. The summary data show no open-market buy or sell transactions, indicating these were equity award exercises and RSU conversions rather than discretionary trades in the public market.