Vivid Seats (SEAT) CFO receives 152,905 RSUs and nets 11,153 shares after tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Financial Officer Thomas Joseph D. Jr. reported equity compensation and related share activity. He exercised 19,113 Restricted Stock Units (RSUs) into 19,113 shares of Class A common stock and 7,960 of those shares were withheld at $5.90 per share to cover tax obligations, leaving 11,153 shares directly held after the disposition.
He also received a grant of 152,905 new RSUs, each representing a contingent right to one share of Class A common stock. According to the terms, one-eighth of these RSUs vested on the grant date, with the remainder vesting in equal quarterly installments beginning on June 11, 2026, so that all units are fully vested on December 11, 2027. The RSUs do not have an expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,113 shares exercised/converted
Mixed
4 txns
Insider
Thomas Joseph D. Jr.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 152,905 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,113 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,113 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 7,960 | $5.90 | $47K |
Holdings After Transaction:
Restricted Stock Units — 152,905 shares (Direct);
Class A Common Stock — 19,113 shares (Direct)
Footnotes (1)
- Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock. One-eighth of the RSUs vested on the grant date. The remainder of the RSUs vest in equal quarterly installments beginning on June 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.
FAQ
What equity transactions did Vivid Seats (SEAT) CFO report on this Form 4?
The CFO exercised 19,113 Restricted Stock Units into 19,113 Class A common shares and had 7,960 shares withheld at $5.90 each for taxes, ending with 11,153 shares directly held. He also received a grant of 152,905 new RSUs.
How many Restricted Stock Units were granted to the Vivid Seats (SEAT) CFO?
The CFO received a grant of 152,905 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Class A common stock, creating a significant future equity-based compensation component as the awards vest over time.
What is the vesting schedule for the Vivid Seats (SEAT) CFO’s new RSUs?
One-eighth of the 152,905 RSUs vested on the grant date. The remaining units vest in equal quarterly installments starting June 11, 2026, and will be fully vested on December 11, 2027, providing a multi-year incentive structure for the CFO.
Do the Vivid Seats (SEAT) CFO’s RSUs have an expiration date?
The RSUs reported for the CFO do not have an expiration date. Instead, they are governed by a vesting schedule where units vest over time, with full vesting reached on December 11, 2027, assuming continued service or satisfaction of conditions.