Form 4: Vacasa Director Benjamin Levin Reports Conversion of Vacasa Holdings Units to Class A Common Stock

Director Benjamin Levin reports the redemption of 1,342,456 Vacasa Holdings Units into an equal number of Class A Common Stock shares.

Summary

• Benjamin Levin, a director and 10% owner of Vacasa, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On March 11, 2025, Levin redeemed 1,342,456 Vacasa Holdings Units and an equal number of paired Class B common stock shares into 1,342,456 shares of Class A common stock.
• Following the transaction, Levin directly owns 30,380 shares of Class A Common Stock and indirectly owns 1,668,689 shares of Class A Common Stock.
• The indirect ownership is held through various Level Equity funds and entities.
• Levin also indirectly owns 335,578 Vacasa Holdings Units through these funds.
• The reported numbers reflect the 1-for-20 reverse stock split effected by Vacasa on October 3, 2023.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The conversion of Vacasa Holdings Units to Class A Common Stock may have a minor dilutive effect on existing shareholders.

Key Dates