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

Director Pilar Manchon received 5,113 shares of Eventbrite Class A common stock in lieu of cash payments for board and committee retainer fees.

Summary

• On April 15, 2025, Pilar Manchon, a director of Eventbrite, Inc., acquired 5,113 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 72,816 shares of Eventbrite Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The transaction reflects a standard compensation practice, aligning director interests with the company's long-term success.

Positives

• The director's compensation policy aligns director interests with company performance by providing stock in lieu of cash.

Industry Context

Director compensation in the form of equity is a common practice in the tech industry to align the interests of board members with those of shareholders.

Comparison to Industry Standards

• Many tech companies, such as Atlassian and Zoom, use equity-based compensation for their board members.
• This approach is designed to incentivize directors to focus on long-term value creation, similar to practices observed at companies like Salesforce and Adobe.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with long-term company performance.

Key Dates

Keywords

Eventbrite, Director Compensation, Class A Common Stock, Form 4, Pilar Manchon, Equity, Ownership