Form 4: Getty Images Executive Sells Shares to Cover Tax Obligations

Senior Vice President Peter Orlowsky sold 4,343 shares of Getty Images Holdings, Inc. to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On June 25, 2024, Peter Orlowsky, a Senior Vice President at Getty Images Holdings, Inc., sold 4,343 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $3.23 per share, with individual trades ranging from $3.07 to $3.34.
• The transaction was conducted under a Rule 10b5-1 trading plan to cover tax withholding obligations related to the vesting and settlement of restricted stock units.
• Following the transaction, Orlowsky directly owns 187,062 shares of Getty Images Holdings, Inc.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (stock sale for tax obligations) and doesn't indicate any significant positive or negative sentiment.

Industry Context

Executive stock sales are a common occurrence, particularly when tied to tax obligations from vesting equity awards. The use of a 10b5-1 plan indicates the sale was pre-planned and not based on insider information.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but the pre-planned nature of the sale mitigates concerns about insider trading or a negative outlook on the company.

Key Dates