Langenbacher Stefano 4
4 · Vivid Seats Inc. · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Vivid Seats CTO Stefano Langenbacher Converts RSUs, Withholds 25,620 Shares
What Happened
Stefano Langenbacher, Chief Technology Officer of Vivid Seats (SEAT), converted a total of 57,836 restricted stock units (RSUs) into Class A common shares on March 11, 2026. To satisfy tax withholding obligations, 25,620 of those shares were surrendered (disposed) at $6.10 per share for total withholding of $156,282. Several additional RSU conversion line items (1,817; 17,793; 38,226) appear in the filing as derivative conversions and show $0 cash proceeds because they represent conversion of awards rather than open-market sales.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears timely within the 2-business-day window).
- Primary actions: Conversion/exercise of RSUs (SEC code M) and tax withholding/share surrender (SEC code F).
- Shares converted (acquired): 57,836 RSUs converted to shares.
- Shares withheld/disposed for taxes: 25,620 shares at $6.10 each = $156,282.
- Other derivative entries: 1,817; 17,793; 38,226 shares listed as conversions with $0 proceeds (reflect conversion, not market sales).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes: RSUs convert 1-for-1 to Class A common stock (F1). Vesting schedules differ by grant — one-third vested on earlier dates with remaining portions vesting quarterly through 2027–2028 (see F2–F4 in the filing).
Context
- This was an administrative conversion of RSUs and a tax-withholding share surrender, not an open-market sale or purchase — common when equity awards vest.
- The $156k figure reflects tax withholding value, not cash proceeds to the insider.
- Such conversions typically do not indicate a buy/sell sentiment; they are routine compensation events.
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Langenbacher Stefano
Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-11+57,836→ 66,886 total - Tax Payment
Class A Common Stock
2026-03-11$6.10/sh−25,620$156,282→ 41,266 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-03-11−1,817→ 7,268 total→ Class A Common Stock (1,817 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-11−17,793→ 35,588 total→ Class A Common Stock (17,793 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-03-11−38,226→ 267,584 total→ Class A Common Stock (38,226 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- [F2]One-third of the RSUs vested on March 11, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2027. The RSUs do not have an expiration date.
- [F3]One-third of the RSUs vested on March 11, 2026. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2028. The RSUs do not have an expiration date.
- [F4]The RSUs began vesting in equal quarterly installments on March 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.
Signature
/s/ Stefano Langenbacher|2026-03-13