Vivid Seats (SEAT) CEO Fey Lawrence Converts 1,854 RSUs

What Happened
Fey Lawrence, CEO of Vivid Seats, converted 1,854 restricted stock units (RSUs) into 1,854 shares on August 12, 2026 (reported on Form 4 filed 2026-08-14). The filing shows the 1,854 shares were also disposed on the same date at $0 per share (no cash proceeds recorded).

Key Details

• Transaction date: August 12, 2026; Form 4 filed August 14, 2026 (timely filing).
• Conversion: 1,854 RSUs converted to 1,854 shares (derivative conversion, code M).
• Disposal: 1,854 shares disposed at $0.00 per share (no cash proceeds reported).
• Shares owned after transaction: not provided in the supplied data.
• Footnotes:
  • F1: Each RSU represents a contingent right to one share of Class A common stock.
  • F2: Vesting schedule — one-third vested May 12, 2025; remaining RSUs vest in equal quarterly installments through May 12, 2027. RSUs have no expiration date.

Context
This was a conversion/settlement of RSUs rather than an open-market buy or sale. The disposal at $0 does not reflect a market sale for cash; such zero-dollar dispositions in RSU conversions commonly reflect tax withholding, share retirement or similar internal settlement mechanisms rather than a sell-for-cash transaction. No cash proceeds or motivating statements are included in the filing.