Vivid Seats (SEAT) CFO Thomas Joseph D. Jr. Exercises RSUs, Sells Shares

What Happened

• Thomas Joseph D. Jr., Chief Financial Officer of Vivid Seats (SEAT), had 19,113 restricted stock units (RSUs) convert to shares on September 11, 2026. To satisfy tax withholding, 6,947 of those shares were withheld/disposed at an implied withholding price of $4.95 per share, totaling $34,388. The RSU conversion/settlement shows no cash exercise price.

Key Details

• Transaction date: 2026-09-11; Form 4 filed: 2026-09-15 (timely — filed within two business days).
• Converted/received: 19,113 shares (derivative conversion/settlement, code M).
• Tax withholding: 6,947 shares withheld (disposition, code F) at $4.95/share = $34,388.
• A separate derivative entry shows 19,113 shares with $0 proceeds — reflects RSU settlement (no exercise price).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — each RSU equals one share on settlement; F2 — one-eighth of the RSUs vested on grant date, remaining vest quarterly beginning 6/11/2026 and fully vesting 12/11/2027; RSUs have no expiration.

Context

• This was an RSU settlement (conversion of restricted stock units to common shares), not an open-market purchase or a voluntary sale. The disposition here is a standard in-kind tax withholding to cover tax liabilities — common and not necessarily a signal of sentiment. The filing appears timely under Form 4 rules.