Weston Daine Marc 4
Research Summary
AI-generated summary
Getty Images (GETY) Weston Daine Marc Sells 12,928 Shares
What Happened
Weston Daine Marc, Senior Vice President of Ecommerce at Getty Images (GETY), sold 12,928 shares on March 25, 2026. The weighted-average sale price was $0.78 per share, producing gross proceeds of about $10,084. This was a sale (not a purchase) and was executed to cover mandatory tax withholding related to the vesting/settlement of equity awards.
Key Details
- Transaction date: 2026-03-25; Form 4 filed: 2026-03-27 (timely filing).
- Shares sold: 12,928; weighted-average price: $0.78; total proceeds ≈ $10,084.
- Price range across multiple trades: $0.76 to $0.82 (footnote F2); weighted average reported and the filer offers to provide per-trade details on request.
- Purpose/footnote: Sales were non-discretionary to satisfy mandatory tax-withholding on vested restricted stock units and performance RSUs, effected under a Rule 10b5-1 plan and award agreements dated June 5, 2023 (footnote F1).
- Shares owned after the transaction: not specified in the provided summary of the filing.
Context
The sale was to cover tax obligations tied to equity vesting and was executed under a Rule 10b5-1 plan — a common, prearranged mechanism insiders use for scheduled or required sales. Such withholding sales are routine and do not necessarily indicate a change in the insider’s view of the company.