Form 4: Getty Images CAO Sells Shares for Tax Obligations
Insider Transaction Report
Getty Images' Chief Accounting Officer, Chris Hoel, sold 569 shares of Class A Common Stock to cover tax withholding obligations related to RSU vesting.
Summary
- Chris Hoel, Chief Accounting Officer of Getty Images Holdings, Inc. (GETY), reported a sale of 569 shares of Class A Common Stock.
- The transaction occurred on December 10, 2025, at a weighted average sale price of $1.44 per share.
- The sales were non-discretionary and executed to cover mandatory tax withholding obligations associated with the vesting and settlement of restricted stock units (RSUs).
- The transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted in connection with the RSU award agreement dated December 5, 2022.
- Following this transaction, Chris Hoel directly beneficially owns 89,703 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary insider sale to cover tax obligations upon RSU vesting, which is a common occurrence and not indicative of management's view on the company's future prospects.
Positives
- The sale was executed under a Rule 10b5-1 trading plan, indicating a pre-arranged, non-discretionary transaction for tax purposes, which aligns with good corporate governance practices.
Negatives
- The transaction resulted in a reduction of 569 shares from the Chief Accounting Officer's direct beneficial ownership.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Management Comments
- The non-discretionary sales to cover mandatory tax withholding obligations in connection with the vesting and settlement of restricted stock units were effected pursuant to Rule 10b5-1 trading plan instructions adopted in the award agreement, dated December 5, 2022, for the restricted stock units grants.
Industry Context
This insider transaction report is a routine disclosure and does not provide specific insights into broader industry trends or competitive landscape for Getty Images Holdings, Inc.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compliance Practice | The transaction was executed under a Rule 10b5-1 trading plan, which allows insiders to set up pre-scheduled trades to avoid accusations of trading on material non-public information. | 12/05/2022 | This demonstrates adherence to best practices in insider trading compliance and transparency. |
Stakeholder Impact
- Shareholders: A minor reduction in insider ownership, but the routine nature of the transaction (tax-related RSU vesting) suggests minimal impact on investor confidence or perception of management's commitment.
Key Dates
| Date | Description |
|---|---|
| 12/05/2022 | Date of the restricted stock unit award agreement, which included the Rule 10b5-1 trading plan instructions. |
| 12/10/2025 | Date of the reported transaction where 569 shares of Class A Common Stock were sold. |
| 12/12/2025 | Date the Form 4 was signed and filed. |
Keywords
Getty Images, GETY, Insider Trading, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding, Rule 10b5-1 Plan
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