Thomas Joseph D. Jr. 4

What happened

• Thomas Joseph D. Jr., Chief Financial Officer of Vivid Seats, converted/ exercised 19,113 restricted stock units (RSUs) into Class A common stock on June 11, 2026. To cover tax withholding obligations, 4,654 of those shares were withheld at a value of $8.53 per share (total $39,699). The transaction resulted in a net issuance of 14,459 shares to the insider.
• This was not an open-market sale or purchase — it was a vesting/conversion event with shares withheld for taxes (transaction codes: M = exercise/conversion of derivative; F = tax withholding).

Key details

• Transaction date: June 11, 2026; Form 4 filed June 15, 2026 (filed on the next business day and within the 2-business-day reporting requirement).
• Gross converted: 19,113 RSUs → 19,113 shares. Shares withheld for taxes: 4,654 @ $8.53 = $39,699. Net shares delivered: 14,459.
• Footnotes: F1 — each RSU equals one share of Class A common stock. F2 — one-eighth of the RSUs vested on the grant date; remaining RSUs vest in equal quarterly installments beginning June 11, 2026 and fully vest on December 11, 2027; RSUs have no expiration.
• Shares owned after transaction: not specified in the filing.

Context

• This was a routine vesting/conversion of RSUs, with a standard cashless tax-withholding (shares withheld rather than a cash payment) — not a market sale or purchase that indicates immediate trading sentiment.
• For retail investors, purchases by insiders can be more informative than routine vesting; this filing primarily reflects compensation vesting and tax withholding, not an investment action.