Vivid Seats (SEAT) CFO exercises 19,113 RSUs and ends with 30,266 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Financial Officer Thomas Joseph D. Jr. reported routine equity compensation activity involving Class A common stock and Restricted Stock Units (RSUs). He exercised 19,113 RSUs into an equivalent number of Class A shares and 4,654 shares were disposed of to cover tax obligations.
Following these transactions, he holds 30,266 shares of Class A common stock directly and 114,679 RSUs. Each RSU represents a contingent right to receive one Class A share. One-eighth of the RSUs vested on the grant date and the remainder vests in equal quarterly installments beginning on June 11, 2026, becoming fully vested on December 11, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,113 shares exercised/converted
Mixed
3 txns
Insider
Thomas Joseph D. Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,113 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,113 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,654 | $8.53 | $40K |
Holdings After Transaction:
Restricted Stock Units — 114,679 shares (Direct, null);
Class A Common Stock — 30,266 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. One-eighth of the RSUs vested on the grant date. The remainder of the RSUs vest in equal quarterly installments beginning on June 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: 19,113 shares
Tax-withholding shares: 4,654 shares
Common shares after transactions: 30,266 shares
+3 more
6 metrics
RSUs exercised
19,113 shares
RSUs converted to Class A Common Stock on June 11, 2026
Tax-withholding shares
4,654 shares
Shares delivered to satisfy tax liability on June 11, 2026
Common shares after transactions
30,266 shares
Direct Class A Common Stock holdings following Form 4 transactions
RSUs remaining
114,679 units
Restricted Stock Units outstanding after the reported exercise
Vesting start
June 11, 2026
Quarterly vesting of remaining RSUs begins on this date
Full vesting date
December 11, 2027
All RSUs scheduled to be fully vested by this date
Key Terms
Restricted Stock Unit ("RSU"), tax-withholding disposition, derivative security, Class A Common Stock
4 terms
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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
"Exercise or conversion of derivative security"
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.
Class A Common Stock financial
"Each 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.
FAQ
What did Vivid Seats (SEAT) CFO Thomas Joseph D. Jr. report in this Form 4?
The CFO reported routine equity compensation activity. He exercised 19,113 Restricted Stock Units into Class A common stock and 4,654 shares were withheld to cover tax liabilities, leaving him with 30,266 Class A shares and 114,679 RSUs.
What are the key details of the CFO’s Restricted Stock Units at Vivid Seats (SEAT)?
Each Restricted Stock Unit represents a right to receive one Class A share. One-eighth vested on the grant date, and the remaining RSUs vest in equal quarterly installments starting June 11, 2026, becoming fully vested on December 11, 2027, with no expiration date.
Was there an open-market sale of Vivid Seats (SEAT) stock in this Form 4?
No open-market sale was reported. The 4,654-share disposition was coded as a tax-withholding transaction, meaning shares were delivered to cover tax obligations related to the equity award, not sold in the open market.
When will the remaining Vivid Seats (SEAT) RSUs held by the CFO fully vest?
The remaining Restricted Stock Units vest in equal quarterly installments starting June 11, 2026. According to the vesting schedule, all RSUs will be fully vested by December 11, 2027, assuming continued satisfaction of the award’s vesting conditions.