Form 4: Getty Images CFO Jennifer Leyden Sells Shares to Cover Tax Obligations

Jennifer Leyden, CFO of Getty Images Holdings, Inc., sold 12,124 shares of Class A Common Stock on September 24, 2024, to cover mandatory tax withholding obligations.

Summary

• On September 24, 2024, Jennifer Leyden, the Chief Financial Officer of Getty Images Holdings, Inc., sold 12,124 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $3.61 per share, with individual trades ranging from $3.57 to $3.65.
• The transaction was conducted to cover mandatory tax withholding obligations related to the vesting and settlement of restricted stock units.
• The sale was executed under a Rule 10b5-1 trading plan adopted in connection with the restricted stock unit award agreement dated March 16, 2023.
• Following the transaction, Leyden directly owns 273,376 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports a stock sale for tax purposes, which is a routine transaction. There is no indication of positive or negative implications for the company's performance.

Industry Context

Executive stock sales are a common occurrence, often related to compensation and tax obligations. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on insider information.

Key Dates