Form 4: Vivid Seats Inc. General Counsel Emily T. Epstein Reports Stock Transactions
SEC Form 4 Filing
Emily T. Epstein, General Counsel of Vivid Seats Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units.
Summary
- On May 12, 2024, Emily T. Epstein acquired 4,309 shares of Class A Common Stock through the vesting of Restricted Stock Units (RSUs).
- Also on May 12, 2024, 4,309 RSUs were settled, resulting in the issuance of Class A Common Stock.
- On May 13, 2024, Epstein sold 1,381 shares of Class A Common Stock at an average price of $5.55 per share to cover tax obligations related to the RSU vesting.
- On May 9, 2024, Epstein was granted 235,000 Restricted Stock Units (RSUs) which vest in installments.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Future Outlook
The remaining RSUs will continue to vest and settle in equal quarterly installments until November 12, 2025, for the initial grant and May 12, 2027, for the new grant.
Industry Context
This 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
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Grant of 235,000 Restricted Stock Units |
| 05/12/2024 | Acquisition of 4,309 shares of Class A Common Stock through RSU vesting |
| 05/13/2024 | Sale of 1,381 shares of Class A Common Stock at $5.55 per share |
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