Form 4: Getty Images Executive Peter Orlowsky Executes Stock Option and Sells Shares

Sentiment:

SEC Form 4 Filing


Senior Vice President Peter Orlowsky of Getty Images Holdings, Inc. exercised stock options and sold a portion of the acquired shares on March 20, 2024, under a pre-arranged Rule 10b5-1(c) trading plan.

Summary

  • On March 20, 2024, Peter Orlowsky, a Senior Vice President at Getty Images Holdings, Inc., executed a transaction involving the company's stock.
  • Orlowsky exercised stock options to acquire 12,596 shares of Class A Common Stock at a price of $1.96 per share.
  • Simultaneously, Orlowsky sold 22,579 shares of Class A Common Stock at a weighted average price of $4.96 per share, with prices ranging from $4.95 to $5.00.
  • These transactions were conducted under a pre-arranged trading plan (Rule 10b5-1(c)) adopted on November 27, 2023.
  • Following these transactions, Orlowsky directly owns 211,872 shares of Class A Common Stock and 25,579 stock options.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies. Monitoring these transactions can provide insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

  • The stock sale may have a minor impact on shareholders, depending on the overall market reaction to the news.
  • The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
11/27/2023Date of adoption of Rule 10b5-1(c) plan
03/20/2024Date of stock option exercise and stock sale
03/22/2024Date of signature on the SEC Form 4
12/11/2027Expiration date of stock options

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