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, 2025, 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 $2.25.
- Following the transaction, Sagi directly owns 658,602 shares of Eventbrite's Class A Common Stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, which is neutral in sentiment. The transaction itself is not indicative of positive or negative performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction reflects standard practice for covering tax liabilities associated with equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves the withholding of shares for tax purposes rather than a market sale.
Key Dates
| Date | Description |
|---|---|
| 04/17/2025 | Date of stock withholding transaction. |
| 04/21/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Eventbrite, Vivek Sagi, Chief Technology Officer, RSU, Stock Withholding, Tax Obligations, Class A Common Stock
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