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 April 11 and 12, 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 April 11 and April 12, 2024.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 28, 2023.
• On April 11, 2024, 38,488 shares were sold at a weighted average price of $4.0398, with prices ranging from $4.0000 to $4.0950.
• On April 12, 2024, 1,544 shares were sold at a weighted average price of $4.0126, with prices ranging from $4.0050 to $4.0300.
• Following these transactions, Chinh Chu indirectly owns 8,460,865 shares through CC Capital SP, LP and 7,196,496 shares through CC NB Sponsor 2 Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a director, which is neutral in sentiment. The use of a 10b5-1 plan suggests the sales were pre-planned and not indicative of a negative outlook.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on current inside information.

Stakeholder Impact

• The stock sales could have a minor negative impact on shareholder sentiment, although the use of a 10b5-1 plan mitigates this concern.

Key Dates