Form 4: Eventbrite CFO Charles Baker Reports Stock Transactions
SEC Form 4 Filing
Eventbrite CFO Charles Baker reports the vesting and tax withholding of restricted stock units (RSUs) resulting in changes to his beneficial ownership of Class A Common Stock.
Summary
- On August 1, 2024, Charles Baker, CFO of Eventbrite, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- These transactions included the vesting of 7,549 and 11,086 RSUs, which convert into Class A Common Stock.
- A portion of the shares were withheld by Eventbrite to cover income tax obligations related to the RSU vesting.
- The price per share for tax withholding was $4.55.
- Following these transactions, Baker's direct ownership of Class A Common Stock is 648,152 shares and he holds 81,611 and 92,697 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common for publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on the overall share structure of the company.
Key Dates
| Date | Description |
|---|---|
| 02/01/2021 | Start date for vesting of 7,549 RSUs in sixteen equal quarterly installments through February 1, 2025. |
| 02/01/2022 | Start date for vesting of 11,086 RSUs in sixteen equal quarterly installments through February 1, 2026. |
| 08/01/2024 | Date of transactions involving Class A Common Stock and Restricted Stock Units. |
| 02/01/2025 | End date for vesting of 7,549 RSUs in sixteen equal quarterly installments from February 1, 2021. |
| 02/01/2026 | End date for vesting of 11,086 RSUs in sixteen equal quarterly installments from February 1, 2022. |
| 08/05/2024 | Date of signature for the Form 4 filing. |
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