Vivid Seats CTO converts 44,491 RSUs to shares
Vivid Seats’ CTO had RSUs convert into 44,491 Class A shares, with 19,262 shares withheld to cover exercise price or taxes.
Rhea-AI Filing Summary
Vivid Seats Inc. (SEAT) reports that Chief Technology Officer Stefano Langenbacher converted restricted stock units into 44,491 shares of Class A common stock on September 11, 2026. These shares arose from three RSU grants, and 19,262 shares of the resulting stock were delivered or withheld to cover exercise price or tax liability.
Positive
- None.
Negative
- None.
Insider Trade Summary
44,491 shares exercised/converted
Exercise
5 txns
Insider
Langenbacher Stefano
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 1,817 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F3 | 4,448 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 38,226 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 44,491 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 19,262 | $4.95 | $95K |
Holdings After Transaction:
Restricted Stock Units — 221,458 contracts (Direct);
Class A Common Stock — 91,985 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 converted: 44,491 units
Class A shares acquired from RSUs: 44,491 shares
Shares delivered or withheld for exercise price or tax liability: 19,262 shares
+4 more
7 metrics
RSUs converted
44,491 units
Restricted Stock Units converted to Class A common stock on September 11, 2026
Class A shares acquired from RSUs
44,491 shares
Shares of Class A common stock received upon RSU conversion on September 11, 2026
Shares delivered or withheld for exercise price or tax liability
19,262 shares
Code F transaction on September 11, 2026
Per-share amount for tax/exercise settlement
$4.95 per share
Code F Class A common stock transaction on September 11, 2026
RSU tranche 1 converted
1,817 units
Restricted Stock Units converted into Class A shares on September 11, 2026
RSU tranche 2 converted
4,448 units
Restricted Stock Units converted into Class A shares on September 11, 2026
RSU tranche 3 converted
38,226 units
Restricted Stock Units converted into Class A shares on September 11, 2026
Key Terms
Restricted Stock Units, Class A common stock, vesting, tax liability
4 terms
Restricted Stock Units financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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.
vesting financial
"vested on March 11, 2025. 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.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Vivid Seats (SEAT) disclose for CTO Stefano Langenbacher?
CTO Stefano Langenbacher had restricted stock units convert into 44,491 shares of Vivid Seats Class A common stock on September 11, 2026, with a portion of the resulting shares delivered or withheld to cover exercise price or tax liability.
Were the Vivid Seats (SEAT) insider transactions under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that the Rule 10b5-1 checkbox was not marked as affirming a trading plan, and the footnotes do not state that these transactions were made pursuant to a Rule 10b5-1 plan.
What do the RSU vesting schedules look like for the Vivid Seats (SEAT) CTO grants?
The RSU grants referenced vest in quarterly installments. One grant fully vests by March 11, 2027, another by March 11, 2028, and another by December 11, 2027. The RSUs do not have expiration dates according to the footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.