Form 4: Vivid Seats CFO Lawrence Fey Reports Stock Transactions
SEC Form 4
Lawrence Fey, CFO of Vivid Seats Inc., reports the vesting and conversion of restricted stock units into Class A Common Stock.
Summary
- Lawrence Fey, the Chief Financial Officer of Vivid Seats Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 11, 2025, Fey converted Restricted Stock Units (RSUs) into Class A Common Stock.
- He converted 16,245 RSUs, 23,827 RSUs, and 322,994 RSUs into Class A Common Stock.
- Following these transactions, Fey directly owns 871,033 shares of Class A Common Stock and 645,998 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, indicating neutral sentiment. It reflects routine executive compensation and stock ownership changes.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the increase in outstanding shares.
- The vesting of RSUs is part of the executive compensation plan, impacting Lawrence Fey's holdings.
Key Dates
| Date | Description |
|---|---|
| 03/11/2023 | One-third of 16,245 RSUs vested |
| 03/11/2024 | One-third of 23,827 RSUs vested |
| 03/11/2025 | Conversion of RSUs to Class A Common Stock; one-third of 322,994 RSUs vested |
| 03/13/2025 | Date of Form 4 filing |
| 03/11/2026 | Remaining RSUs vest in equal quarterly installments |
| 03/11/2027 | Remaining RSUs vest in equal quarterly installments |
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