Vivid Seats (SEAT) director Craig Dixon receives 19,488 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dixon Craig A. reported acquisition or exercise transactions in this Form 4 filing.
Vivid Seats Inc. director Craig A. Dixon received a grant of 19,488 Restricted Stock Units as equity compensation. Each RSU represents a contingent right to receive one share of Class A common stock. The RSUs vest in full on the earlier of June 9, 2027 or one day before the company’s 2027 annual stockholder meeting. Following this award, Dixon holds 19,488 RSUs directly, with no expiration date on the units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dixon Craig A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 19,488 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 19,488 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. The RSUs vest in full on the earlier of (i) June 9, 2027 and (ii) one day prior to the Company's 2027 Annual Meeting of Stockholders. The RSUs do not have an expiration date.
Key Figures
RSUs granted: 19,488 units
Shares per RSU: 1 share
Vesting date trigger: June 9, 2027
+2 more
5 metrics
RSUs granted
19,488 units
Restricted Stock Units awarded to director Craig A. Dixon
Shares per RSU
1 share
Each RSU equals one share of Class A common stock
Vesting date trigger
June 9, 2027
Earlier of this date or one day before 2027 annual meeting
Total RSUs after grant
19,488 units
Total RSUs held directly by Dixon following the transaction
Exercise price
$0.00 per unit
No cash exercise required for RSUs
Key Terms
Restricted Stock Units, RSU, Class A common stock, vesting, +1 more
5 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.
RSU financial
"Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Class A common stock financial
"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.
vesting financial
"The RSUs vest in full on the earlier of (i) June 9, 2027"
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.
Annual Meeting of Stockholders financial
"one day prior to the Company's 2027 Annual Meeting of Stockholders"
FAQ
What insider transaction did Vivid Seats (SEAT) director Craig A. Dixon report?
Craig A. Dixon reported receiving 19,488 Restricted Stock Units as an equity award. These RSUs are a form of stock-based compensation that may convert into Class A common shares if vesting conditions are met, aligning director incentives with shareholder interests.
How many Vivid Seats RSUs were granted to Craig A. Dixon on this Form 4?
Craig A. Dixon was granted 19,488 Restricted Stock Units. Each unit represents a contingent right to receive one share of Vivid Seats Class A common stock, subject to vesting. The award increases his equity-based compensation position but does not involve any open-market share purchases or sales.
When do Craig A. Dixon’s Vivid Seats RSUs reported on Form 4 vest?
The RSUs vest in full on the earlier of June 9, 2027 or one day before Vivid Seats’ 2027 annual stockholder meeting. This time-based vesting schedule encourages longer-term board alignment, as the award fully becomes common stock only after the vesting event occurs.
What does each Vivid Seats RSU granted to Craig A. Dixon represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Vivid Seats Class A common stock. The units themselves have no exercise price and convert into shares only upon vesting, providing equity exposure without requiring a cash outlay from the director.
Does Craig A. Dixon’s RSU grant on Vivid Seats have an expiration date?
The RSUs reported do not have an expiration date. Instead, they vest in full on the earlier of June 9, 2027 or one day prior to the 2027 annual stockholder meeting, at which point each vested RSU can deliver one share of Class A common stock.