Form 4: Eventbrite Director Pilar Manchon Receives Stock in Lieu of Cash Compensation

Director Pilar Manchon received 2,159 shares of Eventbrite Class A common stock in lieu of cash payments for board and committee retainer fees.

Summary

• On April 15, 2024, Pilar Manchon, a director of Eventbrite, Inc., acquired 2,159 shares of Class A common stock.
• The shares were issued in lieu of cash payments for board and committee retainer fees, according to the Eventbrite, Inc. Non-Employee Director Compensation Policy.
• Following the transaction, Manchon directly owns 20,628 shares of Eventbrite Class A common stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally neutral to slightly positive as it aligns director interests with shareholders.

Positives

• The director's compensation in stock aligns her interests with those of the shareholders.

Industry Context

This type of stock compensation is common for board members, aligning their interests with the company's performance.

Comparison to Industry Standards

• Many companies use stock grants as part of their director compensation packages.
• The amount of stock granted is generally in line with industry standards for companies of Eventbrite's size and stage.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's stock performance.

Key Dates