Masino Julie D. 4

What Happened Julie D. Masino, a director of Vivid Seats, reported the conversion/exercise of 6,579 derivative awards (RSUs) into 6,579 shares on June 3, 2026. The Form 4 shows an acquisition via exercise/conversion (code M) of 6,579 shares and a simultaneous disposition of 6,579 shares at $0.00 per share (total reported proceeds $0). The filing notes these were Restricted Stock Units that vested in full on June 3, 2026.

Key Details

• Transaction date: June 3, 2026; Form 4 filed June 5, 2026 (appears timely).
• Acquired: 6,579 shares via exercise/conversion of RSUs (price N/A on acquisition line).
• Disposed: 6,579 shares at $0.00 per share (reported as $0 proceeds on the disposal line).
• Footnotes: F1 — each RSU equals a contingent right to one Class A share. F2 — the RSUs vested in full on June 3, 2026 and have no expiration date.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 plan, tax-withholding details, or explanation for the $0 disposition are provided in the excerpt.

Context This filing documents a conversion of vested RSUs into shares (derivative conversion). The simultaneous disposition reported at $0 is shown on the Form 4 but the filing does not explain the reason (e.g., net-share settlement, tax withholding, or transfer); no cash proceeds are reported. Such conversions are routine when RSUs vest; they reflect award settlement rather than an open-market buy or sell unless additional sale details are provided.