STOCK TITAN

Vivid Seats (SEAT) general counsel exercises RSUs and sells 62 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.
Insider Arnett Austin
Role General Counsel
Sold 62 shs ($518.32)
Type Security Shares Price Value
Sale Class A Common Stock 62 $8.36 $518.32
Exercise Restricted Stock Units 68 $0.00 --
Exercise Restricted Stock Units 129 $0.00 --
Exercise Restricted Stock Units 3,345 $0.00 --
Exercise Class A Common Stock 3,542 $0.00 --
Tax Withholding Class A Common Stock 1,314 $8.53 $11K
Holdings After Transaction: Class A Common Stock — 4,865 shares (Direct, null); Restricted Stock Units — 204 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. 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. 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. 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. 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.
Open-market sale 62 shares at $8.36 Class A Common Stock sale on June 12, 2026
RSU-related shares acquired 3,542 shares Class A Common Stock from derivative exercise on June 11, 2026
Tax-withholding shares 1,314 shares at $8.53 Mandatory sell-to-cover for RSU tax obligations on June 11, 2026
Direct holdings after transactions 4,865 shares Class A Common Stock held directly after reported transactions
Restricted Stock Unit ("RSU") financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock."
sell to cover financial
"Represents shares sold pursuant to a mandatory "sell to cover" provision of the RSU agreement"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
tax withholding obligations financial
"to satisfy tax withholding obligations arising in connection with the vesting and settlement of the RSUs."
vesting and settlement financial
"arising in connection with the vesting and settlement of the RSUs."
quarterly installments financial
"The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested"
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SEC Form 4
FORM 4UNITED 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*
Arnett Austin

(Last)(First)(Middle)
C/O VIVID SEATS INC.
24 E. WASHINGTON ST., STE. 900

(Street)
CHICAGO ILLINOIS 60602

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Vivid Seats Inc. [ SEAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/11/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock06/11/2026M3,542A(1)6,241D
Class A Common Stock06/11/2026F1,314D$8.534,927D
Class A Common Stock06/12/2026S62(2)D$8.364,865D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/11/2026M68 (3) (3)Class A Common Stock68$0204D
Restricted Stock Units(1)06/11/2026M129 (4) (4)Class A Common Stock129$0910D
Restricted Stock Units(1)06/11/2026M3,345 (5) (5)Class A Common Stock3,345$020,069D
Explanation of Responses:
1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
2. 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.
3. 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.
4. 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.
5. 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.
/s/ Austin Arnett06/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Vivid Seats (SEAT) report for Austin Arnett?

Austin Arnett reported RSU-related exercises, a tax-withholding disposition, and a small open-market sale. He exercised awards linked to 3,542 Class A shares, had 1,314 shares withheld for taxes, and sold 62 shares while remaining a shareholder.

How many Vivid Seats shares did Austin Arnett sell in the open market?

Austin Arnett sold 62 shares of Vivid Seats Class A common stock in an open-market transaction. The reported sale price was about $8.36 per share, representing a relatively small portion of his reported direct holdings after the transactions.

What were Austin Arnett’s Vivid Seats share holdings after these transactions?

After the reported transactions, Austin Arnett directly held 4,865 shares of Vivid Seats Class A common stock. This figure reflects his position following the RSU exercises, the tax-withholding disposition, and the small open-market sale disclosed in the filing.

How many Vivid Seats shares were used to cover taxes from RSU vesting?

A total of 1,314 Vivid Seats Class A shares were disposed of to satisfy tax withholding obligations. The filing notes this occurred under a mandatory “sell to cover” provision tied to the vesting and settlement of Restricted Stock Units granted to Austin Arnett.

What does the RSU footnote in the Vivid Seats filing explain?

The footnote explains that each Restricted Stock Unit represents a contingent right to receive one Class A share. It also notes that some shares were sold under a mandatory “sell to cover” provision to satisfy tax withholding obligations arising from RSU vesting and settlement.