Insider Form 4: SEAT director acquires 245 shares via RSUs

Rhea-AI Filing Summary

Vivid Seats (SEAT) disclosed a routine insider equity settlement. On 10/19/2025, a director and 10% owner converted 245 RSUs into 245 shares of Class A common stock (transaction code M) at a $0 exercise price. After the transaction, the insider directly owned 4,831 shares. The RSUs vest in five equal annual installments beginning 10/19/2022 and ending 10/19/2026. Share counts reflect the 1-for-20 reverse split effective 8/5/2025.

Insider Trade Summary

245 shares exercised/converted

Mixed 2 txns

Insider Boehly Todd L

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	245	$0.00	--
Exercise	Class A Common Stock	245	$0.00	--

Holdings After Transaction: Restricted Stock Units — 245 shares (Direct); Class A Common Stock — 4,831 shares (Direct)

Footnotes (1)

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. The RSUs began vesting in five equal annual installments on October 19, 2022, such that they will be fully vested on October 19, 2026. The RSUs do not have an expiration date.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Boehly Todd L

(Last) (First) (Middle)

600 STEAMBOAT RD.

(Street)

GREENWICH CT 06830

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Vivid Seats Inc. [ SEAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/19/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/19/2025		M		245	A	(1)	4,831	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	10/19/2025		M			245	(2)	(2)	Class A Common Stock	245	$0	245	D

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 began vesting in five equal annual installments on October 19, 2022, such that they will be fully vested on October 19, 2026. The RSUs do not have an expiration date.

Remarks:

The numbers of shares (including shares underlying RSUs) reported on this Form 4 have been adjusted to give effect to a 1-for-20 reverse stock split of the Issuer's Class A and Class B common stock that was effected on August 5, 2025.

	/s/ Emily Epstein, Attorney-in-Fact	10/21/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Vivid Seats (SEAT) report in this Form 4?

An insider converted 245 RSUs into 245 Class A shares (code M) on 10/19/2025.

How many SEAT shares does the insider own after the transaction?

The insider directly owns 4,831 shares of Class A common stock following the transaction.

What was the exercise price for the RSU conversion?

The RSUs were settled at an exercise price of $0.

What is the vesting schedule for the reported RSUs of SEAT?

RSUs vest in five equal annual installments starting 10/19/2022 and fully vest on 10/19/2026.

Were the reported share amounts adjusted for any corporate action?

Yes. All amounts reflect the 1-for-20 reverse stock split effective 8/5/2025.

What roles does the reporting person hold at Vivid Seats (SEAT)?

The reporting person is a Director and a 10% Owner.