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Vivid Seats (SEAT) director Adam Stewart converts 6,579 RSUs into Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vivid Seats Inc. director Adam Stewart exercised and converted 6,579 Restricted Stock Units (RSUs) into the same number of shares of Class A common stock. The RSUs vested in full on June 3, 2026, giving him direct ownership of these shares. Following the transaction, Stewart directly holds 7,511 shares of Class A common stock. This filing reflects routine equity compensation vesting and does not include any share sales.

Positive

  • None.

Negative

  • None.
Insider Stewart Adam
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units 6,579 $0.00 --
Exercise Class A Common Stock 6,579 $0.00 --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Class A Common Stock — 7,511 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. The RSUs vested in full on June 3, 2026 (the earlier of (i) June 3, 2026 and (ii) one day prior to the Company's 2026 Annual Meeting of Stockholders). The RSUs do not have an expiration date.
RSUs converted 6,579 units Restricted Stock Units converted to Class A common stock on June 3, 2026
Shares after transaction 7,511 shares Class A common stock directly held by Adam Stewart following RSU conversion
RSU-to-share ratio 1 RSU : 1 share Each RSU represents a contingent right to receive one share of Class A common stock
Vesting date June 3, 2026 RSUs vested in full on June 3, 2026, tied to 2026 Annual Meeting timing
Exercise transactions 1 exercise, 6,579 shares Derivative exercise/conversion summarized in the Form 4 transaction summary
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.
contingent right financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock."
Annual Meeting of Stockholders regulatory
"the earlier of (i) June 3, 2026 and (ii) one day prior to the Company's 2026 Annual Meeting of Stockholders"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stewart Adam
(Last)(First)(Middle)
C/O VIVID SEATS INC.
24 E. WASHINGTON ST., STE. 900
(Street)
CHICAGO ILLINOIS 60602
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Vivid Seats Inc. [ SEAT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/03/2026M6,579A(1)7,511D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/03/2026M6,579 (2) (2)Class A Common Stock6,579$00D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
2. The RSUs vested in full on June 3, 2026 (the earlier of (i) June 3, 2026 and (ii) one day prior to the Company's 2026 Annual Meeting of Stockholders). The RSUs do not have an expiration date.
/s/ Lawrence Fey, Attorney-in-Fact06/05/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Vivid Seats (SEAT) director Adam Stewart report?

Adam Stewart reported exercising 6,579 Restricted Stock Units into Class A common stock. This converted his equity awards into actual shares and increased his directly held stake in Vivid Seats without any reported share sales.

How many Vivid Seats (SEAT) shares does Adam Stewart hold after this Form 4?

After the reported transaction, Adam Stewart directly holds 7,511 shares of Vivid Seats Class A common stock. This reflects the addition of 6,579 vested RSU shares and indicates no remaining RSUs from this specific award.

What are the details of the RSU vesting for Vivid Seats (SEAT) director Adam Stewart?

Stewart’s RSUs vested in full on June 3, 2026, tied to the earlier of that date or one day before the 2026 Annual Meeting of Stockholders. Each vested RSU delivered one share of Class A common stock upon conversion.

Did Adam Stewart sell any Vivid Seats (SEAT) shares in this Form 4 filing?

No share sales were reported in this Form 4. The filing only shows the exercise and conversion of 6,579 Restricted Stock Units into Class A common stock, increasing his direct share ownership in Vivid Seats.

What does a Form 4 RSU conversion mean for Vivid Seats (SEAT) investors?

The RSU conversion reflects equity compensation vesting for a director, not an open-market trade. It shows Adam Stewart receiving 6,579 shares upon vesting, a routine compensation event that increases his direct share holdings without signaling a buy or sell decision.