Vivid Seats (SEAT) CTO exercises 44,491 RSU shares, with 19,708 withheld for taxes
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Technology Officer Stefano Langenbacher reported routine equity compensation activity involving Restricted Stock Units (RSUs) and Class A common stock. On June 11, 2026, he exercised RSUs that converted into 44,491 shares of Class A common stock at a conversion price of $0.00 per share. To cover related tax obligations, 19,708 shares of Class A common stock were disposed of at $8.53 per share through a tax-withholding transaction, which is not an open-market sale. After these transactions, he directly held 66,385 shares of Class A common stock. The footnotes explain that each RSU represents a right to receive one share of Class A common stock and describe multi-year vesting schedules, with RSUs vesting in quarterly installments through March 11, 2027, December 11, 2027, and March 11, 2028, reflecting ongoing compensation rather than discretionary trading.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 24,783 shares
Net Buy
5 txns
Insider
Langenbacher Stefano
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,817 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,448 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 38,226 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 44,491 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 19,708 | $8.53 | $168K |
Holdings After Transaction:
Restricted Stock Units — 265,949 shares (Direct);
Class A Common Stock — 66,385 shares (Direct)
Footnotes (4)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- F2. 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.
- F3. 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.
- F4. 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
RSU-derived shares exercised: 44,491 shares
Tax-withholding shares: 19,708 shares
Tax-withholding price: $8.53 per share
+3 more
6 metrics
RSU-derived shares exercised
44,491 shares
Class A common stock acquired via RSU exercises on June 11, 2026
Tax-withholding shares
19,708 shares
Class A common stock disposed at $8.53 per share for tax withholding
Tax-withholding price
$8.53 per share
Price used for 19,708-share tax-withholding disposition
Post-transaction holdings
66,385 shares
Class A common stock directly owned after June 11, 2026 transactions
RSU conversion blocks
38,226; 4,448; 1,817 RSUs
Three RSU tranches converted into Class A common stock
Net buy/sell direction
neutral
transactionSummary netBuySellDirection
Key Terms
Restricted Stock Unit, Class A common stock, tax-withholding disposition, derivative security, +1 more
5 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock."
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
"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.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 19,708 shares at $8.53 per share."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" for RSU transactions."
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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security" on RSU-related entries."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Vivid Seats (SEAT) CTO Stefano Langenbacher report?
He reported exercising Restricted Stock Units into 44,491 shares of Class A common stock at $0.00 per share and a related tax-withholding disposition of 19,708 shares at $8.53 per share, reflecting routine equity compensation activity rather than open-market trading.
What are Restricted Stock Units (RSUs) in the Vivid Seats (SEAT) Form 4 filing?
Each RSU represents a contingent right to receive one share of Class A common stock. The filing shows RSU awards that vest over several years in quarterly installments, converting into shares as they vest, with no expiration date according to the disclosed footnotes.
What vesting schedules apply to the CTO’s Vivid Seats (SEAT) RSUs?
One RSU grant vests one-third on March 11, 2025 and quarterly until March 11, 2027. Another vests one-third on March 11, 2026 and quarterly until March 11, 2028. A further grant vests quarterly from March 11, 2026 to December 11, 2027.