Vivid Seats CFO exercises 19K RSUs, withholds shares
Vivid Seats’ CFO exercised RSUs into Class A shares and had a portion of shares withheld to cover exercise price or tax obligations.
Rhea-AI Filing Summary
Vivid Seats Inc. (SEAT) reported that Chief Financial Officer Thomas Joseph D. Jr. exercised 19,113 Restricted Stock Units into an equal number of shares of Class A Common Stock on September 11, 2026. In a related transaction, 6,947 shares of Class A Common Stock were delivered or withheld to pay the exercise price or tax liability. Following the RSU exercise, he held 95,566 Restricted Stock Units directly, and no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,113 shares exercised/converted
Exercise
3 txns
Insider
Thomas Joseph D. Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 19,113 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 19,113 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 6,947 | $4.95 | $34K |
Holdings After Transaction:
Restricted Stock Units — 95,566 contracts (Direct);
Class A Common Stock — 37,778 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- F2. One-eighth of the RSUs vested on the grant date. The remainder of the RSUs began vesting in equal quarterly installments on June 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.
Key Figures
RSUs exercised: 19,113 units
Class A shares acquired from RSUs: 19,113 shares
Shares delivered/withheld for exercise price or tax liability: 6,947 shares
+3 more
6 metrics
RSUs exercised
19,113 units
Restricted Stock Units converted into Class A Common Stock on September 11, 2026
Class A shares acquired from RSUs
19,113 shares
Shares received upon RSU exercise on September 11, 2026
Shares delivered/withheld for exercise price or tax liability
6,947 shares
Class A Common Stock used to satisfy exercise price or tax liability
Share price for tax/exercise payment
$4.95 per share
Price applied to the 6,947 shares delivered or withheld
RSUs held after transaction
95,566 units
Directly held Restricted Stock Units following the September 11, 2026 exercise
RSU vesting completion date
December 11, 2027
Date on which the RSUs will be fully vested
Key Terms
Restricted Stock Unit, Class A Common Stock, Payment of exercise price or tax liability by delivering or withholding securities, Rule 10b5-1
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Class A Common Stock financial
"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.
Payment of exercise price or tax liability by delivering or withholding securities financial
"Payment of exercise price or tax liability by delivering or withholding securities"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported in connection with these transactions"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vivid Seats (SEAT) disclose about its CFO’s equity transactions on this Form 4?
The CFO, Thomas Joseph D. Jr., exercised 19,113 RSUs into Class A Common Stock on September 11, 2026, and in a separate transaction 6,947 shares were delivered or withheld to pay the exercise price or tax liability related to that equity event.
How many Restricted Stock Units did the Vivid Seats (SEAT) CFO exercise and into what security?
He exercised 19,113 Restricted Stock Units, each representing a contingent right to receive one share, into 19,113 shares of Class A Common Stock on September 11, 2026, as reported in the Form 4 filing.
What RSU holdings remain for the Vivid Seats (SEAT) CFO after this transaction?
After the September 11, 2026 RSU exercise, the CFO directly held 95,566 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Vivid Seats Class A Common Stock, according to the Form 4 footnotes.
Was a Rule 10b5-1 trading plan involved in the Vivid Seats (SEAT) CFO’s transactions?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is reported in connection with these equity transactions by the Vivid Seats Chief Financial Officer.
What is the vesting schedule for the Vivid Seats (SEAT) CFO’s RSUs involved in this filing?
One-eighth of the RSUs vested on the grant date, and the remainder began vesting in equal quarterly installments on June 11, 2026, such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
