Form 4: Getty Images Chief of Staff Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Getty Images Holdings, Inc.'s Chief of Staff, Michael Teaster, sold 1,331 shares of Class A Common Stock at a weighted average price of $1.77 to cover tax withholding obligations related to equity vesting.

Summary

  • Michael Teaster, Chief of Staff at Getty Images Holdings, Inc. (GETY), disposed of 1,331 shares of Class A Common Stock.
  • The transaction occurred on June 25, 2025, at a weighted average sale price of $1.77 per share, with individual trades ranging from $1.71 to $1.85.
  • The sale was non-discretionary and executed to cover mandatory tax withholding obligations associated with the vesting and settlement of restricted stock units and performance restricted stock units.
  • This transaction was conducted pursuant to a Rule 10b5-1 trading plan, which was adopted on March 16, 2023.
  • Following this transaction, Michael Teaster beneficially owns 248,796 shares of Getty Images Holdings, Inc. Class A Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary sale by an insider to cover tax obligations related to equity vesting, which is a common practice and does not indicate a change in sentiment towards the company's prospects.

Future Outlook

This Form 4 filing details a past transaction and does not provide 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 and performance restricted stock units reported in this Form 4 were effected pursuant to Rule 10b5-1 trading plan instructions adopted in connection by the Reporting Person in award agreements, dated March 16, 2023, for the respective equity grants.
  • This transaction was executed in multiple trades at prices ranging from $1.71 to $1.85. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

Industry Context

This SEC Form 4 filing is specific to an insider transaction at Getty Images Holdings, Inc. and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders: The sale represents a minor dilution of outstanding shares, but given the small volume and routine nature, the impact on existing shareholders is negligible.

Key Dates

DateDescription
March 16, 2023Date Rule 10b5-1 trading plan instructions were adopted in award agreements for equity grants.
June 25, 2025Date of the reported transaction (sale of Class A Common Stock).
June 27, 2025Date the Form 4 filing was signed.

Keywords

Getty Images, GETY, Insider Trading, Form 4, Stock Sale, Michael Teaster, Tax Withholding, Restricted Stock Units, Performance Restricted Stock Units, Rule 10b5-1

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