Form 4: Getty Images Holdings Executive Exercises Stock Options and Sells Shares
SEC Form 4 Filing
Chris Hoel, Chief Accounting Officer of Getty Images Holdings, exercised stock options and sold a portion of the acquired shares on March 18, 2024.
Summary
- On March 18, 2024, Chris Hoel, the Chief Accounting Officer of Getty Images Holdings, exercised stock options to acquire 500 shares of Class A Common Stock at a price of $3.13 per share.
- Simultaneously, Hoel sold 500 shares of Class A Common Stock at a weighted average price of $5.02 per share, with individual sales ranging from $5.00 to $5.07.
- Following these transactions, Hoel directly owns 53,626 shares of Class A Common Stock and holds options for 1,895 shares.
- The stock options are fully vested and exercisable, with an exercise price of $3.13.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions and provides insight into executive compensation and stock ownership at Getty Images Holdings. It's common for executives to exercise stock options and sell a portion of the shares for personal financial management.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock option exercise and sale of shares. |
| 02/26/2027 | Expiration date of the stock options. |
| 03/20/2024 | Date of signature on the SEC Form 4. |
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