Form 4: Vivid Seats Director Acquires RSUs
Statement of Changes in Beneficial Ownership
Vivid Seats Inc. director Adam Stewart acquired 19,488 Restricted Stock Units (RSUs) on June 9, 2026, with vesting scheduled for June 9, 2027.
Summary
- Adam Stewart, a Director at Vivid Seats Inc., acquired 19,488 Restricted Stock Units (RSUs) on June 9, 2026.
- These RSUs represent a contingent right to receive one share of Class A common stock per unit.
- The RSUs are set to vest in full on the earlier of June 9, 2027, or one day prior to the Company's 2027 Annual Meeting of Stockholders.
- The acquisition was made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event, as director equity grants are standard practice and the Rule 10b5-1(c) plan indicates a structured approach to ownership.
Positives
- Director acquisition of equity indicates confidence in the company's future prospects.
- The acquisition is structured under a Rule 10b5-1(c) plan, suggesting a pre-planned and non-insider-trading-related transaction.
Future Outlook
The RSUs will vest on June 9, 2027, or one day prior to the Company's 2027 Annual Meeting of Stockholders, at which point the director will receive shares of Class A common stock.
Industry Context
StockSavvy.ai notes that director equity awards, especially those under Rule 10b5-1(c) plans, are common in the technology and entertainment sectors as a means to align management and board interests with shareholder value.
Stakeholder Impact
- Shareholders: The acquisition by a director may be viewed positively as a sign of commitment to the company's performance.
- Management: Standard equity compensation practice.
Next Steps
- Vesting of 19,488 RSUs on or before June 9, 2027.
- Potential receipt of 19,488 shares of Class A common stock by Adam Stewart upon vesting.
Key Dates
| Date | Description |
|---|---|
| 06/09/2026 | Transaction Date for acquisition of RSUs and earliest transaction date. |
| 06/11/2026 | Date of signature for the filing. |
| 06/09/2027 | Vesting date for the RSUs. |
Keywords
Vivid Seats Inc., SEAT, Form 4, Restricted Stock Units, RSUs, Director, Equity Award, Beneficial Ownership, SEC Filing
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