Form 4: Eventbrite CEO Julia Hartz Reports Stock Transactions
SEC Form 4 Filing
Eventbrite CEO Julia Hartz reports the vesting and subsequent tax withholding of shares related to Restricted Stock Units (RSUs).
Summary
- On May 1, 2024, Julia Hartz, CEO of Eventbrite, reported transactions involving Class A Common Stock.
- 6,862 shares were acquired upon the vesting of Restricted Stock Units (RSUs) at a price of $0.00.
- 3,288 shares were withheld by Eventbrite to cover income tax obligations at a price of $5.37.
- Following these transactions, Hartz directly owns 816,821 shares of Class A Common Stock.
- Hartz also indirectly owns 2,456 shares through a revocable trust and 74,341 shares through her spouse, Kevin Hartz.
- The reported transactions relate to RSUs that vest in equal quarterly installments from February 1, 2022, through February 1, 2026.
Sentiment
Score: 6
Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.
Positives
- The vesting of RSUs indicates continued service and commitment of the CEO to the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the CEO's ongoing compensation and ownership stake in Eventbrite.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 12/4/08 | Date of the Hartz Family Revocable Trust |
| 02/01/2022 | Start date for RSU vesting schedule |
| 05/01/2024 | Date of reported transactions (RSU vesting and tax withholding) |
| 05/03/2024 | Date of signature for the Form 4 filing |
| 02/01/2026 | End date for RSU vesting schedule |
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