Vimeo CRO reports 665,445-share cash-out in Bending Spoons merger
Rhea-AI Filing Summary
Vimeo, Inc. (VMEO) Chief Revenue Officer Javier Ortega Estrada reported the cash-out of his Vimeo equity in connection with the company’s merger with Bending Spoons US Inc. On November 24, 2025, a total of 665,445 shares of Vimeo common stock tied to him were disposed of, consisting of 110,445 shares of common stock and 555,000 shares underlying restricted stock units. Under the merger agreement, each share of common stock was cancelled and converted into the right to receive $7.85 in cash, and each RSU was converted into a cash payment based on the same per-share amount. Following the transaction, the reporting person beneficially owned 0 shares of Vimeo common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 665,445 | $7.85 | $5.22M |
Footnotes (1)
- This Form 4 reports securities transacted pursuant to the Agreement and Plan of Merger, dated as of September 10, 2025 (the "Merger Agreement"), by and among the Issuer, Bending Spoons US Inc. ("Bending Spoons US"), Bending Spoons S.p.A. and Bloomberg Merger Sub Inc., a wholly-owned subsidiary of Bending Spoons US ("Merger Sub"). On November 24, 2025 (the "Effective Time"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly-owned subsidiary of Bending Spoons US. Consists of 110,445 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") and 555,000 shares of Common Stock underlying restricted stock units ("RSUs") held by the Reporting Person. Pursuant to the terms of the Merger Agreement, at the Effective Time, (i) each outstanding share of Common Stock was cancelled and automatically converted into the right to receive $7.85 in cash, without interest and subject to any applicable withholding or other taxes (the "Merger Consideration"), and (ii) each outstanding RSU, whether vested or unvested, was canceled and converted into the right to receive an amount in cash equal to (x) the total number of shares underlying such RSU, multiplied by (y) the Merger Consideration.
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