Vivid Seats (NASDAQ: SEAT) CTO exercises RSUs, uses 256 shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Technology Officer Stefano Langenbacher reported routine equity-compensation activity involving Restricted Stock Units (RSUs) and related tax withholding. On May 12, 2026, RSUs covering 592 shares of Class A common stock were exercised, resulting in the acquisition of 592 shares at a stated price of $0.00 per share. To cover tax obligations, 256 shares of Class A common stock were disposed of at $8.68 per share as a tax-withholding transaction, not an open-market sale. After these entries, his direct Class A holdings reported in the filing ranged between 41,602 and 41,858 shares, while 3,554 RSUs remained outstanding, vesting through November 12, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
592 shares exercised/converted
Mixed
3 txns
Insider
Langenbacher Stefano
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 592 | $0.00 | -- |
| Exercise | Class A Common Stock | 592 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 256 | $8.68 | $2K |
Holdings After Transaction:
Restricted Stock Units — 3,554 shares (Direct, null);
Class A Common Stock — 41,858 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. 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
RSU shares exercised: 592 shares
Shares withheld for taxes: 256 shares
Price for tax withholding: $8.68 per share
+5 more
8 metrics
RSU shares exercised
592 shares
Restricted Stock Units converted to Class A common stock on May 12, 2026
Shares withheld for taxes
256 shares
Class A shares disposed at $8.68 per share for tax withholding
Price for tax withholding
$8.68 per share
Value used for 256-share tax-withholding disposition
Direct holdings low end
41,602 shares
Class A common stock reported following one transaction entry
Direct holdings high end
41,858 shares
Class A common stock reported following another transaction entry
Remaining RSUs
3,554 units
Restricted Stock Units outstanding after the reported vesting event
RSU vesting start date
November 12, 2025
One-third of RSUs vested on this date
RSU full vesting date
November 12, 2027
RSUs vest in equal quarterly installments until this date
Key Terms
Restricted Stock Units, RSU, tax-withholding disposition, derivative exercise/conversion, +2 more
6 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"security_title": "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.
FAQ
What insider transactions did Vivid Seats (SEAT) report for its CTO?
Vivid Seats’ CTO Stefano Langenbacher exercised RSUs for 592 Class A shares and disposed of 256 shares to cover taxes. These were compensation-related entries, not open-market stock purchases or sales.
How do the Vivid Seats (SEAT) CTO’s RSUs vest over time?
One-third of the CTO’s RSUs vested on November 12, 2025. The remaining RSUs vest in equal quarterly installments until they are fully vested on November 12, 2027, with no expiration date specified for the RSUs.
What does transaction code F mean in the Vivid Seats (SEAT) Form 4?
Transaction code F indicates shares were withheld to pay the exercise price or tax liability. In this filing, 256 Class A shares were withheld as a tax-withholding disposition, rather than being sold in the open market.