Donnini David 4

What Happened

• David Donnini, a director of Vivid Seats, Inc. (SEAT), reported the full vesting and conversion of 6,579 restricted stock units (RSUs) into Class A common shares on June 3, 2026. The filing shows an acquisition/conversion of 6,579 shares and a simultaneous disposal of 6,579 shares at $0.00 per share (derivative transaction code M).

Key Details

• Transaction date: 2026-06-03 (reported on Form 4 filed 2026-06-05).
• Transaction code: M (exercise or conversion of a derivative).
• Shares acquired (converted from RSUs): 6,579 (price N/A).
• Shares disposed: 6,579 at $0.00 per share (total $0).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Footnotes: F1 — each RSU converts to one Class A share; F2 — the RSUs vested in full on June 3, 2026 and have no expiration date.
• Filing timeliness: Filed two days after the transaction date (no late filing indicated in the provided data).

Context

• This was not a cash purchase or market sale. The RSUs vested and were converted into shares; the simultaneous disposal at $0.00 commonly reflects shares withheld to satisfy tax-withholding obligations upon vesting (as often reported in RSU vesting transactions). This type of transaction is routine for equity compensation and does not, by itself, indicate a buy or sell sentiment beyond the vesting event.