Langenbacher Stefano 4
4 · Vivid Seats Inc. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Vivid Seats (SEAT) CTO Stefano Langenbacher Exercises RSUs, Sells Shares
What Happened
- Stefano Langenbacher, Chief Technology Officer of Vivid Seats (SEAT), converted/treated derivative awards (RSUs) into common shares on June 11, 2026. The filing shows an aggregate 44,491 shares acquired via exercise/conversion of derivative awards. To cover tax withholding, 19,708 shares were surrendered/sold at $8.53 per share for total proceeds of $168,109. Additional derivative conversion/disposition lines (1,817; 4,448; and 38,226 shares) were recorded at $0.00, reflecting conversions/settlements of RSU-type awards rather than open-market sales.
Key Details
- Transaction date: 2026-06-11; Form 4 filed 2026-06-15 (filed within the typical 2 business‑day window).
- Reported sale for tax withholding: 19,708 shares at $8.53 = $168,109.
- Other lines: 44,491 shares acquired (exercise/conversion, code M); 1,817, 4,448 and 38,226 shares listed as disposed at $0.00 (derivative conversions/settlements).
- Footnotes: RSUs represent contingent rights to one share each (F1). Vesting schedules vary by grant (see F2–F4) with staggered quarterly vesting through 2027–2028; RSUs have no expiration date.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
Context
- These entries reflect RSU conversions/settlements and a tax-withholding disposition rather than an open-market investment sale; the cash generated ($168k) arose from withholding/sale to cover taxes.
- Code meanings: M = exercise/conversion of a derivative (e.g., RSU to stock); F = shares withheld/surrendered to satisfy tax withholding.
- Such routine post‑vesting withholding transactions are common and are not direct buy/sell signals about the insider’s market view.
Insider Transaction Report
Form 4
Vivid Seats Inc.SEAT
Langenbacher Stefano
Chief Technology Officer
Transactions
- Exercise/Conversion
Class A Common Stock
[F1]2026-06-11+44,491→ 86,093 total - Tax Payment
Class A Common Stock
2026-06-11$8.53/sh−19,708$168,109→ 66,385 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-11−1,817→ 5,451 total→ Class A Common Stock (1,817 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-11−4,448→ 31,140 total→ Class A Common Stock (4,448 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-06-11−38,226→ 229,358 total→ Class A Common Stock (38,226 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.
Signature
/s/ Stefano Langenbacher|2026-06-15