Form 4: Eventbrite Executive Vivek Sagi Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Eventbrite's Chief Technology Officer, Vivek Sagi, reports the withholding of shares to cover income tax obligations related to the settlement of Restricted Stock Units (RSUs).
Summary
- On April 17, 2024, Vivek Sagi, the Chief Technology Officer of Eventbrite, Inc., had 15,744 shares of Class A Common Stock withheld by the issuer to satisfy income tax obligations.
- The shares were withheld in connection with the net settlement of RSUs.
- The price per share was $5.15.
- Following the transaction, Sagi directly owns 522,249 shares of Eventbrite's Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, and does not contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 04/17/2024 | Date of the stock transaction (tax withholding). |
| 04/19/2024 | Date of signature on the Form 4 filing. |
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