Foca Gene 4
Research Summary
AI-generated summary
Getty Images (GETY) CMO Foca Gene Withholds 2,996 Shares for Taxes
What Happened
- Foca Gene, Chief Marketing Officer of Getty Images (GETY), had 2,996 shares of Class A common stock withheld on 2026-03-20 to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units (RSUs). The withholding was recorded at $0.81 per share, totaling $2,427.
- This was a tax-withholding disposition (code F) tied to RSU settlement—not an open-market sale or a purchase.
Key Details
- Transaction date: 2026-03-20; Filing date (Form 4): 2026-03-24.
- Price used for withholding: $0.81 per share; total value: $2,427.
- Shares withheld: 2,996 (footnote F1: issuer withheld shares to satisfy tax withholding on RSU vesting).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No late-filing status is indicated in the provided information.
Context
- Tax-withholding withholdings are routine administrative dispositions when RSUs vest; they do not necessarily reflect a sell decision or change in the insider’s market view.
- This was not an open-market sale or option exercise for cash proceeds to the insider—shares were retained by the issuer to cover taxes.