Getty Images (NYSE: GETY) grants 115,000 RSUs to Chief of Staff Teaster
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teaster Michael reported acquisition or exercise transactions in this Form 4 filing.
Getty Images Holdings, Inc. granted Chief of Staff Michael Teaster 115,000 Restricted Stock Units (RSUs) of Class A Common Stock as equity compensation. Following this award, he holds 375,064 shares directly.
According to the grant terms, 50,000 RSUs vest in equal quarterly installments during 2027 and 65,000 RSUs vest in equal quarterly installments during 2028, in each case contingent on his continued employment on the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Teaster Michael
Role
Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 115,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 375,064 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 115,000 shares
Grant price per share: $0.0000 per share
Holdings after transaction: 375,064 shares
+2 more
5 metrics
RSUs granted
115,000 shares
Restricted Stock Units of Class A Common Stock granted March 31, 2026
Grant price per share
$0.0000 per share
Compensatory RSU award, not an open-market purchase
Holdings after transaction
375,064 shares
Total Class A Common Stock directly held after RSU grant
2027 vesting tranche
50,000 RSUs
Vesting in substantially equal quarterly installments during 2027
2028 vesting tranche
65,000 RSUs
Vesting in substantially equal quarterly installments during 2028
Key Terms
Restricted Stock Units ("RSUs"), 2022 Equity Incentive Plan, vesting, Class A Common Stock
4 terms
Restricted Stock Units ("RSUs") financial
"Restricted Stock Units ("RSUs") granted on March 31, 2026, pursuant to the Issuer's 2022 Equity Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Equity Incentive Plan financial
"RSUs granted on March 31, 2026, pursuant to the Issuer's 2022 Equity Incentive Plan."
vesting financial
"50,000 of the RSUs shall vest in substantially equal quarterly installments on the 5th day of the third month of each quarter in 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.
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's 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 did Getty Images (GETY) disclose about Michael Teaster’s latest equity grant?
Getty Images granted Chief of Staff Michael Teaster 115,000 RSUs of Class A Common Stock. This is a stock-based compensation award under the 2022 Equity Incentive Plan, increasing his direct holdings to 375,064 shares after the reported transaction.
How do Michael Teaster’s 115,000 RSUs at Getty Images (GETY) vest?
The 115,000 RSUs vest over two years. 50,000 RSUs vest in substantially equal quarterly installments during 2027, and 65,000 RSUs vest in substantially equal quarterly installments during 2028, with each installment requiring his continued employment on the vesting date.
Is Michael Teaster paying cash for the 115,000 Getty Images (GETY) RSUs?
No, the RSUs were granted at a price of $0.0000 per share, reflecting a compensatory stock award rather than an open-market purchase. Each RSU represents a contingent right to receive one share of Class A Common Stock if vesting conditions are met.
What plan governs Michael Teaster’s new RSUs at Getty Images (GETY)?
The 115,000 RSUs were granted under Getty Images’ 2022 Equity Incentive Plan. This plan provides stock-based awards such as RSUs, aligning executive compensation with the company’s share performance over multi-year vesting periods tied to continued employment.