Form 4: Getty Images CEO Craig Peters Sells Shares to Cover Tax Obligations

Getty Images CEO Craig Peters sold 32,753 shares of Class A Common Stock on December 24, 2024, to cover mandatory tax withholding obligations related to the vesting of restricted stock units.

Summary

• On December 24, 2024, Craig Peters, the CEO of Getty Images Holdings, Inc., sold 32,753 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $2.2 per share, with individual trades ranging from $2.17 to $2.26.
• This transaction was conducted to cover mandatory tax withholding obligations associated with the vesting and settlement of restricted stock units.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted in connection with the restricted stock unit award agreement dated March 16, 2023.
• Following the transaction, Peters directly owns 1,212,648 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transaction is a routine sale to cover tax obligations and doesn't indicate a significant change in the executive's outlook on the company.

Industry Context

This is a routine transaction for executives to cover tax obligations related to stock vesting. It doesn't necessarily reflect a change in the executive's confidence in the company.

Key Dates