Form 4: Vivid Seats Officer Exercises RSUs, Sells Shares

Vivid Seats' Chief Supply/Customer Officer, Riva Bakal, exercised Restricted Stock Units and subsequently sold shares to cover tax obligations.

Summary

• Riva Bakal, Chief Supply/Customer Officer of Vivid Seats Inc. (SEAT), reported transactions involving the company's Class A Common Stock.
• On October 19, 2025, Bakal acquired 193 shares of Class A Common Stock through the exercise of Restricted Stock Units (RSUs).
• The RSUs fully vested on October 19, 2025, having vested in 16 equal quarterly installments since January 19, 2022.
• On October 20, 2025, Bakal sold 87 shares of Class A Common Stock at a price of $11.03 per share.
• This sale was a mandatory 'sell to cover' transaction to satisfy tax withholding obligations arising from the RSU vesting and settlement.
• Following these transactions, Bakal's direct beneficial ownership of Class A Common Stock stands at 20,645 shares.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving the vesting of Restricted Stock Units and a subsequent 'sell to cover' sale for tax purposes. This is a common occurrence for executive compensation and does not indicate significant positive or negative sentiment regarding the company's performance or outlook.

Positives

• The vesting of 193 Restricted Stock Units (RSUs) for the Chief Supply/Customer Officer indicates the realization of long-term incentive compensation, aligning executive interests with shareholder value over time.

Negatives

• The sale of 87 shares of Class A Common Stock by a key officer, even for tax purposes, results in a reduction of direct beneficial ownership.

Risks

• NA

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• NA

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine executive compensation event, with a small number of shares sold to cover tax liabilities.

Next Steps

• NA

Key Dates

Keywords

Vivid Seats, SEAT, Form 4, Insider Transaction, RSU, Restricted Stock Units, Stock Sale, Executive Compensation, Riva Bakal