Dixon Craig A. 4

What Happened

• Craig A. Dixon, a director of Vivid Seats, had 6,579 Restricted Stock Units (RSUs) vest on June 3, 2026 and those RSUs were converted into 6,579 shares (reported as an exercise/conversion of a derivative). The Form 4 also shows a simultaneous disposition of 6,579 shares at $0.00 (no cash proceeds reported). No cash purchase or open-market sale is shown.

Key Details

• Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026).
• Shares converted/acquired: 6,579 RSUs → 6,579 shares.
• Disposition: 6,579 shares recorded at $0.00 (no proceeds).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each RSU equals a contingent right to one Class A share; F2 — the RSUs vested in full on June 3, 2026 and do not expire.
• Timeliness: Form 4 filed two days after the transaction date (within the typical 2-business-day reporting window).

Context

• This was not a market purchase or cash sale by the insider; it was the vesting and conversion of RSUs into shares. The $0.00 disposition indicates no cash was received and may reflect an administrative transfer (e.g., net-share settlement or tax withholding), but the filing does not specify the reason. Such RSU conversions are routine compensation events and do not by themselves indicate a buy or sell decision in the open market.