Form 4: Vivid Seats General Counsel Reports Stock Transactions
Insider Transaction Report
Vivid Seats Inc.'s General Counsel, Emily T. Epstein, reported the vesting of restricted stock units and subsequent sales of Class A Common Stock, including shares sold for tax obligations and a domestic relations order.
Summary
- Emily T. Epstein, General Counsel of Vivid Seats Inc. (SEAT), reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- On November 12, 2025, 1,195 shares of Class A Common Stock were acquired through the vesting of RSUs.
- Following the vesting, 311 shares were sold on November 12, 2025, at $9.46 per share to cover tax withholding obligations.
- An additional 71 shares were sold on November 13, 2025, at $9.39 per share to satisfy further tax withholding obligations.
- On November 14, 2025, 298 shares were sold at $8.33 per share to satisfy obligations pursuant to a domestic relations order.
- After these transactions, Emily T. Epstein beneficially owns 10,617 shares of Class A Common Stock.
- A portion of RSUs (979 units) vested on November 12, 2025, with remaining RSUs (5,876 units) scheduled to fully vest by May 12, 2027.
- Another portion of RSUs (216 units) fully vested on November 12, 2025.
Sentiment
Score: 5
Explanation: This is a neutral, routine insider transaction report (Form 4) detailing RSU vesting and subsequent sales for tax obligations and a personal matter. It does not reflect positively or negatively on the company's operational or financial performance.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minor dilution from RSU vesting is typical for equity compensation plans. The sales are routine and not indicative of a change in company fundamentals.
- Employees: The RSU vesting demonstrates the company's ongoing equity compensation program for executives.
Next Steps
- Remaining RSUs (5,876 units) are scheduled to vest in equal quarterly installments until fully vested on May 12, 2027.
Key Dates
| Date | Description |
|---|---|
| 2023-11-12 | One-third of certain RSUs vested. |
| 2025-05-12 | One-third of certain RSUs vested. |
| 2025-11-12 | Acquisition of 1,195 Class A Common Stock shares through RSU vesting; disposition of 311 Class A Common Stock shares for tax withholding; full vesting of certain RSUs. |
| 2025-11-13 | Disposition of 71 Class A Common Stock shares for tax withholding. |
| 2025-11-14 | Disposition of 298 Class A Common Stock shares due to domestic relations order; filing date of the Form 4. |
| 2027-05-12 | Expected full vesting date for remaining RSUs. |
Recommendation
holdThis Form 4 filing details routine insider transactions, including RSU vesting and sales to cover tax obligations, along with a sale due to a domestic relations order. These transactions are typical for executives receiving equity compensation and do not provide new information regarding the company's operational performance, financial health, or strategic direction. Therefore, the filing itself does not warrant a change in investment recommendation; a 'hold' stance is maintained based on existing company fundamentals and market conditions, as this filing offers no new material insights for a buy or sell decision.
Keywords
Vivid Seats, SEAT, Form 4, Insider Trading, Stock Transaction, Restricted Stock Units, RSU Vesting, General Counsel, Equity Compensation, Stock Sales, Tax Withholding
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