Form 4: Getty Images SVP Peter Orlowsky Sells Shares to Cover Tax Obligations
SEC Form 4
Senior Vice President of Getty Images, Peter Orlowsky, sold 16,403 shares of Class A Common Stock to cover mandatory tax withholding obligations.
Summary
- Peter Orlowsky, Senior Vice President of Getty Images Holdings, Inc., sold 16,403 shares of Class A Common Stock on March 25, 2025.
- The sale was executed to cover mandatory tax withholding obligations related to the vesting and settlement of restricted stock units and performance restricted stock units.
- The shares were sold at a weighted average price of $2.12, with individual trades ranging from $2.06 to $2.21.
- Following the transaction, Orlowsky directly owns 224,509 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (sale of shares to cover tax obligations). It doesn't contain information that would significantly sway sentiment positively or negatively.
Industry Context
Sales to cover tax obligations are a routine part of equity compensation for executives. This transaction is not necessarily indicative of the executive's sentiment towards the company's future prospects.
Stakeholder Impact
- The sale of shares by a company executive could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact due to the routine nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/16/2023 | Date of award agreements for equity grants under Rule 10b5-1 trading plan. |
| 03/25/2025 | Date of the stock sale transaction. |
| 03/27/2025 | Date of the Form 4 filing. |
Keywords
Getty Images, Peter Orlowsky, Form 4, Stock Sale, Tax Withholding, Class A Common Stock, Rule 10b5-1
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