Vivid Seats CAO exercises 10,892 RSUs, withholds shares
Vivid Seats Inc. (SEAT) reported that Chief Accounting Officer Edward Pickus exercised 10,892 Restricted Stock Units into 10,892 shares of Class A common stock on September 11, 2026.
Rhea-AI Filing Summary
Vivid Seats Inc. (SEAT) reported that Chief Accounting Officer Edward Pickus exercised 10,892 Restricted Stock Units into 10,892 shares of Class A common stock on September 11, 2026. On the same date, 4,170 Class A shares were delivered or withheld at $4.95 per share for payment of exercise price or tax liability. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,892 shares exercised/converted
Exercise
5 txns
Insider
Pickus Edward
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 808 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 1,483 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 8,601 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 10,892 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 4,170 | $4.95 | $21K |
Holdings After Transaction:
Restricted Stock Units — 53,519 contracts (Direct);
Class A Common Stock — 28,622 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
RSUs exercised into Class A common stock: 10,892 shares
Shares delivered or withheld: 4,170 shares
Per-share value for withheld shares: $4.95 per share
+3 more
6 metrics
RSUs exercised into Class A common stock
10,892 shares
Total underlying shares from RSU exercises on September 11, 2026
Shares delivered or withheld
4,170 shares
Class A common stock delivered or withheld for exercise price or tax liability on September 11, 2026
Per-share value for withheld shares
$4.95 per share
Price applied to 4,170 Class A shares delivered or withheld under transaction code F
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to receive one share of Class A common stock
RSU full vesting date (selected grant)
March 11, 2027
For RSUs where one-third vested on March 11, 2025 and the remainder vest quarterly through March 11, 2027
RSU full vesting date (another grant)
March 11, 2028
For RSUs where one-third vested on March 11, 2026 and the remainder vest quarterly through March 11, 2028
Key Terms
Restricted Stock Unit ("RSU"), Class A common stock, Rule 10b5-1 trading plan, Payment of exercise price or tax liability by delivering or withholding securities
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive"
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.
Rule 10b5-1 trading plan regulatory
"document-level Rule 10b5-1 checkbox is unchecked, indicating no plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Payment of exercise price or tax liability by delivering or withholding securities financial
"transaction code F described as Payment of exercise price or tax liability"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vivid Seats (SEAT) disclose about Edward Pickus in this Form 4?
The filing shows Chief Accounting Officer Edward Pickus exercised 10,892 Restricted Stock Units into 10,892 shares of Class A common stock on September 11, 2026, and had 4,170 shares delivered or withheld for payment of exercise price or tax liability.
How many Vivid Seats (SEAT) RSUs did Edward Pickus convert to Class A common stock?
Edward Pickus converted a total of 10,892 Restricted Stock Units into 10,892 shares of Class A common stock on September 11, 2026, through three RSU exercise transactions reported with code M on the Form 4.
Were Edward Pickus’s Vivid Seats (SEAT) transactions under a Rule 10b5-1 plan?
No. The document-level Rule 10b5-1 checkbox is unchecked, and there is no footnote indicating that Edward Pickus’s RSU exercises or share-withholding transactions on September 11, 2026 were made under a Rule 10b5-1 trading plan.
What types of securities are involved in this Vivid Seats (SEAT) Form 4 for Edward Pickus?
The Form 4 involves Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A common stock, and the resulting Class A common stock shares received upon exercise and then partially delivered or withheld for exercise price or tax liability.
What vesting schedules apply to Edward Pickus’s Vivid Seats (SEAT) RSUs in this filing?
Footnotes describe RSU grants where one-third vested on March 11, 2025 or March 11, 2026, and others began vesting in equal quarterly installments starting March 11, 2026, with full vesting dates between March 11, 2027 and March 11, 2028. The RSUs have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
