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

Director Chinh Chu of Getty Images Holdings, Inc. sold shares of Class A common stock on October 16 and 17, 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 October 16 and 17, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 28, 2023, by CC Capital SP, LP.
• On October 16, 2024, 17,122 shares were sold at a weighted average price of $4.0059, with prices ranging from $4.0000 to $4.0150.
• On October 17, 2024, 43,408 shares were sold at a weighted average price of $4.0185, with prices ranging from $4.0000 to $4.0600.
• Following these transactions, Chinh Chu indirectly owns 9,846,814 shares through CC Capital SP, LP and 5,762,560 shares through CC NB Sponsor 2 Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions.

Industry Context

Sales by company directors are a normal part of business. The fact that these sales were executed under a pre-arranged 10b5-1 trading plan suggests that the sales were planned in advance and not based on any inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor negative impact on shareholder confidence.

Key Dates