Form 4: Eventbrite's CTO, Vivek Sagi, Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Eventbrite's Chief Technology Officer, Vivek Sagi, reported the vesting of restricted stock units and associated tax withholding.

Summary

  • On May 1, 2025, Vivek Sagi, the Chief Technology Officer of Eventbrite, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
  • Sagi acquired 11,086 shares of Class A Common Stock upon the vesting of RSUs.
  • 2,700 shares were withheld by Eventbrite to cover income tax obligations related to the RSU vesting at a price of $2.14 per share.
  • Following these transactions, Sagi directly owns 666,988 shares of Class A Common Stock.
  • Sagi also holds 33,256 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions, reflecting standard executive compensation practices.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.

Stakeholder Impact

  • The transaction affects the total number of shares outstanding and the ownership stake of other shareholders, although the impact is likely minimal given the relatively small number of shares involved.

Key Dates

DateDescription
02/01/2022Start date for RSU vesting in sixteen equal quarterly installments.
05/01/2025Date of transaction: RSU vesting and tax withholding.
05/05/2025Date of report signature.
02/01/2026End date for RSU vesting.

Keywords

Eventbrite, Vivek Sagi, Form 4, RSU, Class A Common Stock, Beneficial Ownership, CTO, Securities

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