Vimeo (VMEO) CEO exits 1.6M shares in $7.85-per-share merger
Rhea-AI Filing Summary
Vimeo, Inc. (VMEO) Chief Executive Officer and director Philip Moyer reported the disposition of 1,600,628 shares of common stock on November 24, 2025 in connection with the company’s acquisition by Bending Spoons US Inc. According to the filing, this total included 480,335 shares of common stock and 1,120,293 shares underlying restricted stock units.
Under the Merger Agreement, each Vimeo common share was canceled and converted into the right to receive $7.85 in cash per share, and each restricted stock unit was canceled and converted into a cash payment based on the same per-share amount. Following the transaction, Moyer reported zero shares of Vimeo common stock beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 1,600,628 | $7.85 | $12.56M |
Footnotes (3)
- F1. 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.
- F2. Consists of 480,335 shares of the Issuer's common stock, par value $0.01 per share (the "Common Stock") and 1,120,293 shares of Common Stock underlying restricted stock units ("RSUs") held by the Reporting Person.
- F3. 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.
FAQ
What does this Form 4 for Vimeo (VMEO) report?
How were Vimeo (VMEO) restricted stock units treated in the merger?
Who acquired Vimeo (VMEO) in this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.