Form 4: Getty Images SVP Mikael Cho Sells Shares to Cover Tax Obligations

Senior Vice President of Getty Images Holdings, Inc., Mikael Cho, sold shares of Class A Common Stock on December 24, 2024, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Mikael Cho, a Senior Vice President at Getty Images Holdings, Inc., executed sales of Class A Common Stock on December 24, 2024.
• These sales were non-discretionary and intended to cover mandatory tax withholding obligations associated with the vesting and settlement of restricted stock units.
• A total of 5,348 shares were sold at a weighted average price of $2.2, and an additional 2,737 shares held indirectly by spouse were sold at a weighted average price of $2.2.
• The transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted in connection with restricted stock unit award agreements dated March 16, 2023, and March 21, 2023.
• Following the reported transactions, Mikael Cho directly owns 113,299 shares and indirectly owns 100,575 shares.

Sentiment

Score: 5

Explanation: The document describes routine stock sales for tax purposes, which is neutral in sentiment.

Industry Context

This is a routine Form 4 filing related to insider transactions. It is common for executives to sell shares to cover tax obligations when restricted stock units vest.

Key Dates