Vivid Seats counsel sells 64 shares after RSU vest
Vivid Seats’ General Counsel reported RSU vesting into common stock with related tax-withholding share dispositions and a small mandatory sell-to-cover sale.
Rhea-AI Filing Summary
Vivid Seats Inc. (SEAT) reported that its General Counsel, Austin Arnett, had Restricted Stock Units (RSUs) convert into 3,543 shares of Class A common stock on September 11, 2026. In connection with this vesting, 1,247 shares were delivered or withheld to cover exercise price or tax obligations, and 64 shares were sold at $4.86 per share on September 14, 2026 pursuant to a mandatory sell-to-cover provision for tax withholding. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
6 txns
Insider
Arnett Austin
Role
General Counsel
Sold
64 shs ($311.04)
Approx. gross sale proceeds
$311.04
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F2 | 64 | $4.86 | $311.04 |
| Exercise | Restricted Stock Units F1, F3 | 68 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 130 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F5 | 3,345 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 3,543 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 1,247 | $4.95 | $6K |
Holdings After Transaction:
Restricted Stock Units — 17,640 contracts (Direct);
Class A Common Stock — 7,117 shares (Direct)
Footnotes (5)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- F2. Represents shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs.
- F3. 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.
- F4. 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.
- F5. 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 sold: 64 shares
Sale price: $4.86 per share
RSUs converted to shares: 3,543 shares
+5 more
8 metrics
Shares sold
64 shares
Class A common stock sale on September 14, 2026
Sale price
$4.86 per share
Open-market or private sale of 64 shares on September 14, 2026
RSUs converted to shares
3,543 shares
RSUs converting into Class A common stock on September 11, 2026
Shares delivered or withheld
1,247 shares
Payment of exercise price or tax liability on September 11, 2026
Disposition price for withheld shares
$4.95 per share
Shares delivered or withheld for exercise price or tax liability on September 11, 2026
RSU vesting completion date (grant with F3 footnote)
March 11, 2027
RSUs vest quarterly until fully vested on March 11, 2027
RSU vesting completion date (grant with F4 footnote)
March 11, 2028
RSUs vest quarterly until fully vested on March 11, 2028
RSU vesting completion date (grant with F5 footnote)
December 11, 2027
RSUs vest quarterly until fully vested on December 11, 2027
Key Terms
Restricted Stock Unit, sell to cover, tax withholding obligations, vesting, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive"
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.
sell to cover financial
"Represents shares sold pursuant to a mandatory "sell to cover" provision"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"to satisfy tax withholding obligations arising in connection with the vesting"
vesting financial
"The remainder of the RSUs vest in equal quarterly installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"The RSUs do not have an expiration date."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Vivid Seats (SEAT) disclose for Austin Arnett?
Austin Arnett reported RSUs converting into 3,543 shares of Class A common stock on September 11, 2026, related dispositions of 1,247 shares to cover exercise price or tax obligations, and a sale of 64 shares on September 14, 2026.
What happened to the Restricted Stock Units reported for Vivid Seats (SEAT)?
RSUs representing 3,543 underlying shares of Vivid Seats Class A common stock converted on September 11, 2026. Each RSU represents a contingent right to receive one share, and the vesting schedules described in the footnotes extend through March 11, 2028 and December 11, 2027, depending on the grant.
Was a Rule 10b5-1 trading plan used for these Vivid Seats (SEAT) insider transactions?
No. The Rule 10b5-1 checkbox is not marked as being used for these transactions, and the footnotes do not describe any Rule 10b5-1 trading plan, so no trading plan is reported for these trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
