Form 4: Neuberger Berman Distributes Getty Images Stock

Neuberger Berman entities reported an in-kind distribution of over 15 million Getty Images Class A common shares from a Master Fund to its limited partners for no consideration.

Summary

• Neuberger Berman Group LLC, Neuberger Berman Investment Advisers Holdings LLC, and Neuberger Berman Investment Advisers LLC reported a change in beneficial ownership of Getty Images Holdings, Inc. Class A common stock.
• On December 17, 2025, Neuberger Berman Opportunistic Capital Solutions Master Fund LP (Master Fund) commenced a pro-rata, in-kind distribution of 15,428,050 shares of Class A common stock.
• The distribution was made for no consideration to the Master Fund's sole limited partners, who then further distributed the shares to their participating limited partners.
• Following this transaction, 55,213,295 shares of Class A common stock are beneficially owned indirectly by the reporting persons through the Master Fund.
• Neuberger Berman Investment Advisers LLC serves as the investment adviser to the Master Fund and exercises voting and/or investment power over the shares.
• The reporting persons disclaim beneficial ownership of the securities held by the Master Fund except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The filing is a factual report of an insider transaction (a distribution of shares) and does not inherently convey strong positive or negative sentiment regarding the issuer's operational performance or future prospects. The potential for future selling pressure from distributed shares introduces a neutral-to-slightly-negative nuance, but the transaction itself is a structural change.

Positives

• The distribution was for no consideration, indicating a transfer of ownership rather than a sale that would directly depress the stock price.
• The transaction clarifies the beneficial ownership structure for a significant block of shares held by Neuberger Berman entities.

Negatives

• A large block of shares (15,428,050) being distributed could potentially lead to increased selling pressure if the new holders decide to liquidate their positions in the open market.

Risks

• Potential for increased market volatility or downward pressure on Getty Images' stock price if the recipients of the distributed shares decide to sell them in the open market.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding Getty Images Holdings, Inc.'s future performance or strategic direction.

Industry Context

This filing is an insider transaction report, which primarily details changes in beneficial ownership by significant shareholders or insiders. It does not provide information related to broader industry trends or competitive landscape for Getty Images Holdings, Inc.

Related Party Transactions

• The distribution of shares from Neuberger Berman Opportunistic Capital Solutions Master Fund LP to its limited partners, and subsequent distribution to their limited partners, constitutes a related party transaction as the reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.

Stakeholder Impact

• Shareholders: Existing shareholders of Getty Images Holdings, Inc. may experience increased volatility or potential selling pressure if the recipients of the distributed shares decide to sell them in the open market. The ownership structure of a significant holder has changed.

Key Dates

Keywords

Getty Images, GETY, Neuberger Berman, SEC Form 4, Beneficial Ownership, Stock Distribution, Insider Transaction, Class A Common Stock