Form 4: Vivid Seats Inc. Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Edward Pickus, Chief Accounting Officer of Vivid Seats Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On March 11, 2025, Edward Pickus, the Chief Accounting Officer of Vivid Seats Inc., acquired shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Specifically, 4,068 shares, 2,437 shares, and 64,598 shares were acquired through RSU conversions.
- Also on March 11, 2025, 31,640 shares were disposed of at a price of $3.77 per share.
- On March 13, 2025, 1,128 shares were sold at an average price of $2.83 per share.
- Following these transactions, Pickus directly owns 89,825 shares of Class A Common Stock and 145,472 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 03/11/2023 | One-third of the RSUs vested on March 11, 2023. |
| 03/11/2024 | One-third of the RSUs vested on March 11, 2024. |
| 03/11/2025 | Earliest transaction date; RSUs vested and shares acquired; shares disposed of. |
| 03/13/2025 | Shares sold on this date. |
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