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 vesting and settling of restricted stock units and subsequent transactions involving Class A Common Stock.
Summary
- On March 11, 2024, Emily T. Epstein, General Counsel of Vivid Seats Inc., had 31,380 Restricted Stock Units (RSUs) vest and settle, converting into Class A Common Stock.
- Following the vesting, Ms. Epstein acquired 31,380 shares of Class A Common Stock.
- A portion of these shares (14,541) were then disposed of to cover tax obligations at a price of $5.78 per share.
- After these transactions, Ms. Epstein directly owns 31,315 shares of Class A Common Stock and 62,762 Restricted Stock Units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Future Outlook
The remaining RSUs will vest and settle in quarterly installments until March 11, 2026.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives and their holdings in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of earliest transaction: vesting and settling of Restricted Stock Units and subsequent stock transactions. |
| 03/13/2024 | Date of signature on the Form 4 filing. |
| 03/11/2026 | Date when the remaining Restricted Stock Units will be fully vested. |
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