Form 4: Vivid Seats CTO Reports Significant RSU Grant

Vivid Seats' Chief Technology Officer, Stefano Langenbacher, reported the acquisition of 305,810 Restricted Stock Units and other routine stock transactions.

Summary

• Stefano Langenbacher, Chief Technology Officer of Vivid Seats Inc., reported changes in his beneficial ownership of company securities.
• On December 11, 2025, 1,817 shares of Class A Common Stock were acquired, likely due to the vesting of Restricted Stock Units (RSUs).
• Concurrently, 804 shares of Class A Common Stock were disposed of at a price of $7.57 per share on December 11, 2025, typically for tax withholding purposes related to the vesting event.
• A new grant of 305,810 Restricted Stock Units (RSUs) was acquired on December 15, 2025.
• Following these transactions, beneficial ownership of Class A Common Stock stands at 8,710 shares.
• Beneficial ownership of derivative securities (RSUs) totals 314,895 units, comprising 9,085 from previous grants and the newly acquired 305,810 units.

Sentiment

Score: 6

Explanation: Slightly positive due to a significant new RSU grant to a key executive, indicating continued commitment and incentive alignment, despite routine tax-related share disposition.

Positives

• The grant of 305,810 new Restricted Stock Units (RSUs) to the Chief Technology Officer indicates continued executive incentive and alignment with the company's long-term performance.
• The overall increase in potential future ownership of Class A Common Stock through RSU grants strengthens the CTO's vested interest in the company's success.

Negatives

• The disposition of 804 shares of Class A Common Stock, while likely for tax purposes, reduces the CTO's direct shareholding.

Future Outlook

The vesting schedules for the Restricted Stock Units indicate a future increase in the CTO's direct ownership of Class A Common Stock, with existing RSUs fully vesting by March 11, 2027, and newly granted RSUs fully vesting by December 11, 2027.

Industry Context

This filing represents a routine insider transaction related to equity compensation, common across publicly traded companies to incentivize and retain key executives. It does not reflect broader industry trends but rather specific compensation events for Vivid Seats' CTO.

Stakeholder Impact

• Shareholders: Minor impact, as these are routine compensation-related transactions for an executive. The new RSU grant aligns executive incentives with long-term shareholder value.
• Employees: No direct impact on general employees, but reflects standard executive compensation practices.

Next Steps

• Continued vesting of 9,085 Restricted Stock Units in equal quarterly installments until March 11, 2027.
• Vesting of 305,810 new Restricted Stock Units in equal quarterly installments beginning March 11, 2026, until December 11, 2027.

Key Dates

Keywords

Vivid Seats, SEAT, Stefano Langenbacher, CTO, Form 4, Insider Trading, Restricted Stock Units, RSU, Stock Grant, Beneficial Ownership, Equity Compensation