Dixon Craig A. 4
Research Summary
AI-generated summary
Vivid Seats (SEAT) Director Craig A. Dixon Receives RSU Award
What Happened
- Craig A. Dixon, a director of Vivid Seats, was granted 19,488 restricted stock units (RSUs) on 2026-06-09. The award was reported on a Form 4 filed 2026-06-11. The RSUs were granted at $0.00 (no cash paid) and are a derivative award that converts to Class A common stock upon vesting.
Key Details
- Transaction type: Award/Grant (code A)
- Date of transaction: 2026-06-09; Form 4 filed: 2026-06-11 (appears timely)
- Shares/units granted: 19,488 RSUs at $0.00 (no immediate cash value)
- Post-transaction share ownership: Not specified in the provided filing
- Footnotes: F1 — Each RSU represents a contingent right to one share of Class A common stock. F2 — RSUs vest in full on the earlier of (i) June 9, 2027 or (ii) one day prior to the Company’s 2027 Annual Meeting of Stockholders; the RSUs do not expire.
Context
- RSU grants are compensation/retention awards, not open-market purchases or sales; they don't necessarily signal near-term trading intent. The recipient receives shares only when the RSUs vest per the schedule above. There is no indication in this filing of an immediate sale or cashless exercise.