Fey Lawrence 4
4 · Vivid Seats Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Vivid Seats CEO Fey Lawrence Exercises RSUs, Some Shares Withheld
What Happened
Fey Lawrence, CEO of Vivid Seats (SEAT), reported the conversion/exercise of restricted stock units (derivative code M) on June 11, 2026. The filing shows 87,905 shares acquired through conversion of RSUs (price: N/A). At the same time, three disposals totaling 87,905 shares were reported at $0 (4,038; 7,414; 76,453 shares). The acquired and disposed amounts match exactly, resulting in no net new shares held by the insider from this event.
Key Details
- Transaction date: June 11, 2026 (filed June 15, 2026) — filing appears timely (within the 2 business-day window for Form 4s).
- Actions reported: Exercise/conversion of RSUs (code M) — 87,905 shares acquired; three disposals at $0 totaling 87,905 shares.
- Prices/values: Acquired reported at N/A; disposals reported at $0 (no cash proceeds reported).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes: RSUs represent a contingent right to one Class A share (F1). Multiple RSU grants have staged vesting schedules (see F2–F4), and the RSUs do not have an expiration date.
Context
This filing reflects RSU vesting and conversion to common shares rather than an open-market purchase or a voluntary sale. The equal amounts acquired and disposed (and the $0 disposal price) are consistent with shares being surrendered or withheld immediately upon vesting to satisfy obligations (commonly taxes or similar), a routine administrative step. Such conversions are typical equity compensation events and do not by themselves signal a buy or sell opinion by the insider.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-06-11+87,905→ 275,187 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-11−4,038→ 12,114 total→ Class A Common Stock (4,038 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-11−7,414→ 51,899 total→ Class A Common Stock (7,414 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-06-11−76,453→ 458,715 total→ Class A Common Stock (76,453 underlying)
Footnotes (4)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock.
- [F2]One-third of the RSUs vested on March 11, 2025. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2027. The RSUs do not have an expiration date.
- [F3]One-third of the RSUs vested on March 11, 2026. The remainder of the RSUs vest in equal quarterly installments such that they will be fully vested on March 11, 2028. The RSUs do not have an expiration date.
- [F4]The RSUs began vesting in equal quarterly installments on March 11, 2026 such that they will be fully vested on December 11, 2027. The RSUs do not have an expiration date.