Form 4: Vivid Seats CFO Lawrence Fey Reports Stock Transactions

Lawrence Fey, CFO of Vivid Seats Inc., reports the vesting and settlement of 12,500 Class A Common Stock Restricted Stock Units on April 19, 2024.

Summary

• On April 19, 2024, Lawrence Fey, the Chief Financial Officer of Vivid Seats Inc., reported a transaction involving Class A Common Stock.
• Fey acquired 12,500 shares of Class A Common Stock through the vesting and settlement of Restricted Stock Units (RSUs).
• These RSUs are part of an arrangement where they vest and settle in 16 equal quarterly installments, which began on January 19, 2022, and will continue until October 19, 2025.
• Following the reported transaction, Fey directly owns 350,256 shares of Class A Common Stock.
• Fey also owns 75,000 derivative securities in the form of Restricted Stock Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of RSUs indicates a continued alignment of the CFO's interests with the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.

Stakeholder Impact

• Shareholders are informed about the CFO's stock ownership, which can influence investor confidence.

Key Dates