[Form 4] Vivid Seats Inc. Insider Trading Activity
Rhea-AI Filing Summary
Vivid Seats Inc. Chief Accounting Officer Edward Pickus reported routine equity compensation activity involving Restricted Stock Units (RSUs) tied to Class A common stock. On March 11, 2026, he exercised RSUs that converted into 15,543 shares of Class A common stock.
To satisfy tax obligations related to this vesting, 6,417 shares of Class A common stock were withheld at a reference price of $6.10 per share, rather than sold in the open market. After these transactions, Pickus directly held 15,506 shares of Class A common stock. Footnotes explain that the various RSU grants vest in scheduled quarterly installments through dates extending into 2028.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting, tax withholding; no open‑market trading signal.
The transactions show Edward Pickus converting Restricted Stock Units into Class A common stock and having a portion of the new shares withheld to cover tax liabilities. Code M entries reflect RSU vesting/exercise, while the code F entry reflects payment of taxes in shares.
No open-market purchases or sales occurred, and the Form 4 indicates this is standard equity compensation. Following the activity, Pickus holds 15,506 shares directly. Based on the disclosed data, this looks like a routine compensation and tax event, not a thesis-changing development for investors.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 204 | $0.00 | -- |
| Exercise | Restricted Stock Units | 808 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,931 | $0.00 | -- |
| Exercise | Restricted Stock Units | 8,600 | $0.00 | -- |
| Exercise | Class A Common Stock | 15,543 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 6,417 | $6.10 | $39K |
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 March 11, 2024. The remainder of the RSUs vested in equal quarterly installments such that fully vested on March 11, 2026. The RSUs do not have an expiration date. One-third of the RSUs vested on March 11, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2027. The RSUs do not have an expiration date. One-third of the RSUs vested on March 11, 2026. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2028. The RSUs do not have an expiration date. The RSUs began vesting in equal quarterly installments on March 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.