Vivid Seats (SEAT) CTO exercises RSUs and withholds 221 shares for costs
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Technology Officer Stefano Langenbacher exercised 592 Restricted Stock Units, converting them into 592 shares of Class A common stock on 2026-08-12. In a related transaction, 221 shares of Class A common stock were delivered or withheld at $7.26 per share for payment of exercise price or tax liability. Following the RSU conversion, Langenbacher held 2,962 RSUs representing contingent rights to receive the same number of Class A common shares.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 371 shares
Net Buy
3 txns
Insider
Langenbacher Stefano
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 592 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 592 | -- | -- |
| Exercise Price or Tax Liability | Class A Common Stock | 221 | $7.26 | $2K |
Holdings After Transaction:
Restricted Stock Units — 2,962 shares (Direct);
Class A Common Stock — 66,756 shares (Direct)
Footnotes (2)
- 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 November 12, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on November 12, 2027. The RSUs do not have an expiration date.
Key Figures
RSUs Exercised: 592 RSUs
Shares Delivered/Withheld: 221 shares
Disposition Price: $7.26 per share
+3 more
6 metrics
RSUs Exercised
592 RSUs
Converted into 592 shares of Class A common stock on 2026-08-12
Shares Delivered/Withheld
221 shares
Delivered or withheld to pay exercise price or tax liability
Disposition Price
$7.26 per share
Price for 221-share delivery or withholding
RSUs Remaining
2,962 RSUs
Restricted Stock Units held after the reported RSU exercise
Full Vesting Date
November 12, 2027
Date by which the RSUs will be fully vested
Initial One-Third Vesting Date
November 12, 2025
Date when one-third of the RSUs vested
Key Terms
Restricted Stock Units, Class A common stock, exercise price or tax liability, vesting
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
"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.
exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
vesting financial
"The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested"
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.
FAQ
What insider transaction did Vivid Seats (SEAT) report for CTO Stefano Langenbacher?
Vivid Seats reported that CTO Stefano Langenbacher exercised 592 RSUs into 592 Class A shares on 2026-08-12, with a related delivery or withholding of 221 shares to cover exercise price or tax liability.
How many Restricted Stock Units did the Vivid Seats (SEAT) CTO exercise and convert?
The CTO exercised 592 Restricted Stock Units, each representing a contingent right to receive one share of Class A common stock, resulting in the issuance of 592 Class A shares on 2026-08-12.
How many RSUs does the Vivid Seats (SEAT) CTO hold after the reported transaction?
After the transaction, the CTO held 2,962 Restricted Stock Units, each providing a contingent right to receive one share of Class A common stock, subject to the vesting schedule described in the footnotes.
What vesting schedule applies to the Vivid Seats (SEAT) CTO’s RSUs in this Form 4?
One-third of the RSUs vested on November 12, 2025, with the remainder vesting in equal quarterly installments so that all RSUs will be fully vested on November 12, 2027; the RSUs have no expiration date.
AI-generated analysis. How Rhea-AI works. Not financial advice.