ANDERSON MARK M. 4
Research Summary
AI-generated summary
Vivid Seats (SEAT) Director Mark M. Anderson Receives 6,579 Shares
What Happened
- Mark M. Anderson, a director of Vivid Seats, reported the conversion of 6,579 restricted stock units (RSUs) into 6,579 shares on June 3, 2026. The Form 4 shows an exercise/conversion (transaction code M) acquiring 6,579 shares (price N/A) and a corresponding disposition of 6,579 shares at $0.00 (no cash proceeds). This reflects RSU vesting and conversion rather than a market purchase or sale for cash.
Key Details
- Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026)
- Transaction code: M (exercise or conversion of a derivative)
- Shares involved: 6,579 RSUs converted to 6,579 Class A common shares
- Price/value reported: Acquisition price N/A; disposition price $0.00 (no cash proceeds reported)
- Shares owned after transaction: Not stated in the filing
- Footnotes: F1 — Each RSU equals the right to one Class A share. F2 — The RSUs vested in full on June 3, 2026 and have no expiration date.
- Filing timeliness: No indication in the filing that this was late.
Context
- This was a standard RSU vesting and conversion into shares (a non-cash, compensation-related event), not an outright purchase or market sale. Such vesting events are routine for equity-compensated insiders and do not by themselves indicate buying or selling intent in the market.