[Form 4] Vivid Seats Inc. Insider Trading Activity

Rhea-AI Filing Summary

Vivid Seats (SEAT) CEO and Director Stanley Chia reported the conversion of 782 restricted stock units into Class A common stock on October 19, 2025 (transaction code M).

Following the transaction, 127,744 Class A shares were beneficially owned indirectly by a family trust of which he is co‑trustee. The RSU grant vested in 16 equal quarterly installments beginning January 19, 2022 and became fully vested on October 19, 2025.

Insider Trade Summary

Net Buyer: 782 shares

Net Buy 2 txns

Insider Chia Stanley

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	782	$0.00	$0.00
Exercise	Class A Common Stock	782	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 0 shares (Indirect, By trust); Class A Common Stock — 127,744 shares (Indirect, By trust)

Footnotes (3)

1. F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
2. F2. Held by a trust, of which the reporting person is co-trustee, for the benefit of his immediate family members. The reporting person is the beneficial owner of the securities held by the trust.
3. F3. The RSUs began vesting in 16 equal quarterly installments on January 19, 2022 and became fully vested on October 19, 2025. The RSUs do not have an expiration date.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 10/21/2025 - 04:15 PM Learn about SEC filing dates

FAQ

What did Vivid Seats (SEAT) disclose on this Form 4?

CEO Stanley Chia reported the conversion of 782 RSUs into Class A common stock on 10/19/2025 (code M).

How many Vivid Seats shares does Stanley Chia own after the transaction?

He beneficially owns 127,744 Class A shares indirectly through a family trust.

What does transaction code M indicate in this filing?

Code M indicates a conversion or exercise of a derivative security, here RSUs converting into Class A shares.

How were the RSUs scheduled to vest for SEAT’s CEO?

They vested in 16 equal quarterly installments starting 1/19/2022 and were fully vested on 10/19/2025.

Were the acquired shares held directly or indirectly?

They are held indirectly by a trust for the benefit of his immediate family members; he is a co‑trustee.

What price was paid for the RSU conversion?

The filing lists the derivative price as $0 for the RSU-to-share conversion.

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^*

Chia Stanley

(Last) (First) (Middle)

C/O VIVID SEATS INC.

24 E. WASHINGTON ST., STE. 900

(Street)

CHICAGO IL 60602

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

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		782	A	(1)	127,744	I	By trust(2)

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 Unit	(1)	10/19/2025		M			782	(3)	(3)	Class A Common Stock	782	$0	0	I	By trust(2)

Explanation of Responses:

1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.

2. Held by a trust, of which the reporting person is co-trustee, for the benefit of his immediate family members. The reporting person is the beneficial owner of the securities held by the trust.

3. The RSUs began vesting in 16 equal quarterly installments on January 19, 2022 and became fully vested on October 19, 2025. The RSUs do not have an expiration date.

	/s/ Stanley Chia	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.