Form 4: Getty Images Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Chris Hoel, Chief Accounting Officer of Getty Images Holdings, Inc., sold 670 shares of Class A Common Stock to cover mandatory tax withholding obligations related to vesting restricted stock units.
Summary
- On March 7, 2025, Chris Hoel, the Chief Accounting Officer of Getty Images Holdings, Inc., sold 670 shares of Class A Common Stock.
- The sale was executed to cover mandatory tax withholding obligations related to the vesting and settlement of restricted stock units.
- The shares were sold at a weighted average price of $2.01, with individual trades ranging from $1.98 to $2.04.
- Following the transaction, Hoel beneficially owns 64,577 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares for tax obligations) and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
Insider sales are a common occurrence, especially to cover tax obligations related to stock-based compensation. The sale itself is unlikely to have a significant impact on the stock price, given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| December 5, 2022 | Date of the award agreement for the restricted stock units grants. |
| 03/07/2025 | Date of the transaction (stock sale). |
| 03/11/2025 | Date of signature on the Form 4 filing. |
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