Form 4: Eventbrite's Chief Accounting Officer, Xiaojing Fan, Reports Stock Transactions

Xiaojing Fan, Eventbrite's Chief Accounting Officer, reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on August 1, 2024.

Summary

• On August 1, 2024, Xiaojing Fan, the Chief Accounting Officer of Eventbrite, engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• Fan acquired 4,496 shares of Class A Common Stock through the vesting of RSUs at a price of $0.00.
• Simultaneously, Fan disposed of 1,605 shares of Class A Common Stock at $4.55 per share to cover income tax withholding obligations related to the RSU vesting.
• Fan also acquired 2,112 shares of Class A Common Stock through the vesting of additional RSUs at a price of $0.00.
• Another 754 shares of Class A Common Stock were disposed of at $4.55 per share to cover income tax withholding obligations related to the RSU vesting.
• Following these transactions, Fan directly owns 151,237 shares of Class A Common Stock and 21,663 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about ownership changes.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key personnel and their potential impact on the company's stock.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
• Employees holding RSUs may be interested in the vesting schedule and tax implications.

Key Dates