Form 4: Neuberger Berman Sells 3.47M Getty Images Shares

Neuberger Berman Group LLC and its affiliates reported the sale of 3,470,917 shares of Getty Images Holdings, Inc. Class A common stock at a weighted average price of $2.2732 per share.

Summary

• Neuberger Berman Group LLC, along with its affiliates Neuberger Berman Investment Advisers Holdings LLC and Neuberger Berman Investment Advisers LLC, reported the sale of Getty Images Holdings, Inc. Class A common stock.
• The transaction involved the disposition of 3,470,917 shares on October 31, 2025.
• The shares were sold at a weighted average price of $2.2732, with individual transaction prices ranging from $1.97 to $2.75.
• Following this transaction, Neuberger Berman Opportunistic Capital Solutions Master Fund LP indirectly holds 70,641,345 shares of Getty Images Class A common stock.
• The reporting persons are identified as 10% owners and potentially directors of Getty Images Holdings, Inc.
• The sale was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged transaction.

Sentiment

Score: 3

Explanation: The sale of a significant number of shares by a major institutional investor and 10% owner typically signals a negative sentiment towards the company's stock, suggesting a belief that the shares are fully valued or that future growth prospects are limited.

Positives

• The sale was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged transaction rather than an immediate reaction to new information.

Negatives

• A significant disposition of 3,470,917 shares by a major institutional shareholder (10% owner) could be interpreted as a lack of confidence in the company's near-term prospects or a belief that the stock is fully valued.
• The sale reduces the reporting persons' indirect beneficial ownership in Getty Images.

Future Outlook

NA

Industry Context

This filing reflects an institutional investor's portfolio management decision regarding its stake in a digital media and content company. Such sales can occur for various reasons, including portfolio rebalancing, profit-taking, or a revised outlook on the company or sector. Without further context, it is difficult to definitively link it to broader industry trends, though the digital content industry is dynamic with evolving competitive landscapes and technological shifts.

Related Party Transactions

• The reported transaction is a related party transaction, as Neuberger Berman Group LLC and its affiliates are 10% owners and beneficial owners of Getty Images Holdings, Inc.

Stakeholder Impact

• Shareholders: Existing shareholders may view the significant sale by a major institutional investor as a negative signal, potentially leading to downward pressure on the stock price.
• Potential Investors: Prospective investors might interpret this insider selling as a reason to be cautious or to re-evaluate their investment thesis for Getty Images.

Key Dates

Recommendation

The disposition of over 3.4 million shares by a 10% owner and significant institutional investor, Neuberger Berman, suggests a potential lack of confidence in Getty Images' near-term stock performance or a belief that the current valuation is stretched. While the sale was pre-arranged under a 10b5-1 plan, the sheer volume indicates a strategic reduction in exposure. Investors should view this as a cautionary signal and consider reducing their own exposure or conducting further due diligence on the company's fundamentals and future outlook.

Keywords

Getty Images, GETY, Neuberger Berman, Form 4, insider sale, stock disposition, beneficial ownership, institutional investor, 10b5-1 plan