Mikael Cho 4

What Happened
Mikael Cho, Senior Vice President of Getty Images (GETY), received awards of performance restricted stock units (PSUs) reported as acquisitions on 2026-02-12. The filing shows two grants: 41,667 PSUs at $1.03 each (value $42,917) and 20,834 PSUs at $1.03 each (value $21,459), for a combined 62,501 units valued at about $64,376. A portion of these PSUs satisfied the performance condition and is scheduled to vest on March 20, 2026; each PSU is a contingent right to one share, subject to continued service.

Key Details

• Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-17). Filing timing is within required SEC business-day window.
• Transaction type/code: Award/Grant (A). Price per unit reported: $1.03.
• Shares/units granted: 41,667 and 20,834 (total 62,501 PSUs); total reported value ≈ $64,376.
• Vesting/condition: Footnote indicates the performance condition for a portion was satisfied and that portion will vest on 2026-03-20. Each PSU converts to one share upon vesting, subject to continued service.
• Shares owned after transaction: Not specified in this filing.
• Filing note: No 10b5-1 plan or tax-withholding sale reported; this appears to be a routine equity compensation award.

Context
PSUs are a form of equity compensation tied to performance and often to continued employment; they are not immediate open-market purchases and do not necessarily signal insider buying or selling intent. Awards like this are common for executives and typically reflect compensation rather than a direct market bet.