DeFlorio Jane E. 4

What Happened

• Jane E. DeFlorio, a director of Vivid Seats, had 6,579 restricted stock units (RSUs) vest on June 3, 2026. The RSUs converted to 6,579 shares of Class A common stock (reported as a derivative conversion/exercise, code M).
• The filing also shows a matching disposition of 6,579 shares at $0.00. No cash proceeds are reported. The acquisition entry lists price as N/A; the disposal shows $0.00 and total proceeds $0.

Key Details

• Transaction date: June 3, 2026 (reported on Form 4 filed June 5, 2026 — timely filing).
• Transaction codes: M (exercise/conversion of derivative) for both acquisition and disposition entries.
• Shares acquired: 6,579 (conversion of RSUs). Shares disposed: 6,579 at $0.00.
• Footnotes: F1 — each RSU converts to one share; F2 — the RSUs vested in full on June 3, 2026 and have no expiration date.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• No explicit 10b5-1 plan or other sale-plan language is noted in the supplied information.

Context

• This activity reflects RSU vesting (an award converting into shares), not a market purchase or a cash sale. The filing shows a $0.00 disposition; filings sometimes show zero-value disposals when shares are transferred for non-cash reasons (e.g., withholding or administrative transfers), but the filing’s footnotes here only state the RSUs vested and do not specify the reason for the $0.00 disposition.