Vivid Seats (SEAT) CAO logs equity award exercises and tax share withholding
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Accounting Officer Edward Pickus reported equity compensation-related transactions involving Class A common stock and restricted stock units. On June 11, 2026, he exercised derivative awards covering 10,891 shares of Class A common stock and had 4,497 shares withheld at an average price of $8.53 per share to cover tax obligations. Following these transactions, his directly held Class A common stock position reported in individual lines ranges up to 26,397 shares. Footnotes indicate multiple RSU grants that vest in quarterly installments through March 11, 2027, December 11, 2027, and March 11, 2028, with each RSU representing one share of Class A common stock.
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Insights
Transactions reflect routine equity award vesting, option/RSU exercises, and tax withholding, not open-market buying or selling.
Chief Accounting Officer Edward Pickus exercised derivative awards for 10,891 shares of Vivid Seats Class A common stock and had 4,497 shares withheld at $8.53 per share to satisfy tax obligations. These are coded as an exercise (M) and a tax-withholding disposition (F), rather than market purchases or sales.
Footnotes explain that several RSU grants vest in quarterly installments through March 11, 2027, December 11, 2027, and March 11, 2028, each converting into one share of Class A common stock. This indicates ongoing stock-based compensation rather than a directional trading decision.
The filing shows post-transaction direct holdings on individual lines up to 26,397 shares of common stock. With no remaining options listed in the derivative summary and no open-market trades, the overall picture is a routine compensation and tax event with neutral information value for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 808 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,482 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,601 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,891 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,497 | $8.53 | $38K |
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.