Form 4: Getty Images General Counsel Sells Shares to Cover Tax Obligations

Kjelti Wilkes Kellough, General Counsel of Getty Images Holdings, Inc., sold shares of Class A Common Stock on March 25, 2025, to cover mandatory tax withholding obligations.

Summary

• On March 25, 2025, Kjelti Wilkes Kellough, the General Counsel of Getty Images Holdings, Inc., sold 31,254 shares of Class A Common Stock.
• The sale was executed at a weighted average price of $2.12 per share, with individual trades ranging from $2.06 to $2.21.
• The transaction was non-discretionary and intended to cover mandatory tax withholding obligations related to the vesting and settlement of restricted stock units and performance restricted stock units.
• Following the transaction, Kellough directly owns 265,803 shares of Getty Images Holdings, Inc.
• The sale was conducted under a Rule 10b5-1 trading plan adopted in connection with award agreements dated March 16, 2023.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (sale of shares to cover tax obligations) by an insider under a pre-arranged trading plan. It doesn't indicate any significant positive or negative sentiment.

Industry Context

Insider sales are a common occurrence, especially to cover tax obligations related to equity compensation. The use of a 10b5-1 plan suggests the insider is selling shares in a pre-planned manner to avoid accusations of trading on inside information.

Stakeholder Impact

• The sale of shares by an insider could have a minor negative impact on shareholder sentiment, but the effect is likely to be minimal given the reason for the sale and the existence of a 10b5-1 plan.

Key Dates

Keywords

Getty Images Holdings, Inc., Kjelti Wilkes Kellough, Class A Common Stock, Form 4, Insider Trading, Rule 10b5-1, Tax Withholding, Stock Sale