Form 4: Eventbrite CFO Charles Baker Reports Stock Transactions
SEC Form 4
Eventbrite's CFO, Charles Baker, reports the vesting and subsequent tax withholding of Class A Common Stock related to Restricted Stock Units (RSUs).
Summary
- Charles Baker, CFO of Eventbrite, reported transactions involving Class A Common Stock on May 1, 2024.
- These transactions involved the vesting of Restricted Stock Units (RSUs) and the subsequent withholding of shares by the issuer to cover income tax obligations.
- Baker acquired shares through the vesting of RSUs and then had shares withheld by Eventbrite to satisfy tax obligations.
- The price per share for the tax withholding was $5.37.
- Following these transactions, Baker directly owns 655,081 shares of Class A Common Stock and 100,246 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-based awards, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 05/01/2020 | Start date for vesting of 4,891 RSUs in sixteen equal quarterly installments through May 1, 2024. |
| 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 11,085 RSUs in sixteen equal quarterly installments through February 1, 2026. |
| 05/01/2024 | Transaction date for RSU vesting and tax withholding. |
| 05/01/2024 | End date for vesting of 4,891 RSUs in sixteen equal quarterly installments from May 1, 2020. |
| 05/03/2024 | Date of signature for the Form 4 filing. |
| 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 11,085 RSUs in sixteen equal quarterly installments from February 1, 2022. |
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