Donnini David 4
Research Summary
AI-generated summary
Vivid Seats (SEAT) Director David Donnini Receives RSU Award
What Happened
David Donnini, a director of Vivid Seats, was granted 19,488 restricted stock units (RSUs) on 2026-06-09 (transaction code A). The award is recorded at $0.00 per unit (a derivative grant), representing a contingent right to receive one share of Class A common stock per RSU. This was an award/compensation grant rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-09; SEC Form 4 filed 2026-06-11 (filed within the typical two-business-day window).
- Grant amount and price: 19,488 RSUs at $0.00 (derivative award).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes: F1 — each RSU converts 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; RSUs have no expiration date.
- Transaction code: A = Grant/award/other acquisition (not a purchase or sale).
Context
RSU grants are a form of equity compensation and only convert into actual shares if and when they vest; they do not indicate an immediate purchase or sale of stock. Because this is a director compensation award (not a 10% owner transaction or a gift), it is primarily relevant as part of pay/retention practices rather than a direct market signal.