Vivid Seats GC exercises RSUs, makes small share sale
Vivid Seats Inc. general counsel Austin Arnett reported a mix of RSU-related exercises, tax withholding, and a small share sale.
Rhea-AI Filing Summary
Vivid Seats Inc. general counsel Austin Arnett reported a mix of RSU-related exercises, tax withholding, and a small share sale. On Class A common stock, he sold 62 shares in an open-market transaction at about $8.36 per share. Earlier, he exercised awards tied to 3,542 shares of Class A common stock, reflecting settlement of Restricted Stock Units. To cover tax obligations from RSU vesting and settlement, 1,314 shares were disposed of under a mandatory “sell to cover” provision in the RSU agreement. Following these transactions, Arnett directly held 4,865 shares of Class A common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 62 | $8.36 | $518.32 |
| Exercise | Restricted Stock Units | 68 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 129 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 3,345 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,542 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,314 | $8.53 | $11K |
Footnotes (5)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- F2. Represents shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs.
- F3. 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.
- F4. 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.
- F5. 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
Key Terms
Restricted Stock Unit ("RSU") financial
sell to cover financial
tax withholding obligations financial
vesting and settlement financial
quarterly installments financial
FAQ
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What insider transactions did Vivid Seats (SEAT) report for Austin Arnett?
What does the RSU footnote in the Vivid Seats filing explain?
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