Form 4: Chinh Chu Sells Getty Images Holdings Shares Under 10b5-1 Trading Plan

Chinh Chu, a director at Getty Images Holdings, sold shares of Class A common stock on April 23 and 24, 2024, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• Chinh Chu, a director of Getty Images Holdings, Inc., reported the sale of Class A common stock on April 23 and April 24, 2024.
• On April 23, 2024, 14,027 shares were sold at a weighted average price of $4.024, with prices ranging from $4.0000 to $4.0400.
• On April 24, 2024, 7,700 shares were sold at a weighted average price of $4.0149, with prices ranging from $4.0100 to $4.0200.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 28, 2023.
• Following these transactions, Chinh Chu indirectly owns 8,446,838 shares through CC Capital SP, LP and 7,196,496 shares through CC NB Sponsor 2 Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for corporate insiders to set up 10b5-1 trading plans to sell shares over time to avoid accusations of trading on inside information.

Stakeholder Impact

• The stock sales by a director could have a minor negative impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates this concern.

Key Dates