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 5 and April 8, 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.
• The sales occurred on April 5 and April 8, 2024.
• The transactions were executed under a Rule 10b5-1 trading plan adopted on November 28, 2023.
• On April 5, 2024, 14,707 shares were sold at a weighted average price of $4.0114, with prices ranging from $4.0000 to $4.0400.
• On April 8, 2024, 10,121 shares were sold at a weighted average price of $4.0023, with prices ranging from $4.0000 to $4.0300.
• Following these transactions, Chinh Chu indirectly owns 8,540,019 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 Form 4 filing, indicating stock sales by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment, but rather reports factual transactions.

Industry Context

Sales by company insiders are a common occurrence and are often viewed in the context of overall market conditions and company performance.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased selling pressure, but the impact is likely to be minimal given the relatively small volume of shares sold compared to the total outstanding shares.

Key Dates