Form 4: Eventbrite CEO Julia Hartz Reports Tax-Related Share Withholding
SEC Form 4
Eventbrite CEO Julia Hartz reports the withholding of 43,941 Class A Common Stock shares to cover income tax obligations related to RSU settlement.
Summary
- On April 17, 2024, Eventbrite CEO Julia Hartz reported a transaction involving Class A Common Stock.
- The transaction involved the withholding of 43,941 shares to satisfy income tax obligations related to the net settlement of Restricted Stock Units (RSUs).
- The price per share was $5.15.
- Following the transaction, Hartz directly owns 813,247 shares of Class A Common Stock.
- She also indirectly owns 2,456 shares through a revocable trust and 74,341 shares through her spouse, Kevin Hartz.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for companies to withhold shares to cover taxes upon the vesting of RSUs.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations from executive compensation.
Key Dates
| Date | Description |
|---|---|
| 12/4/08 | Date of the Hartz Family Revocable Trust |
| 04/17/2024 | Date of the transaction (share withholding) |
| 04/19/2024 | Date of signature on the Form 4 filing |
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