Farhall Grant 4

What Happened

• Farhall Grant, Chief Product Officer of Getty Images Holdings, exchanged existing stock options for new options under the company's option exchange offer. On 2026-03-27 Grant surrendered (dispositions to the issuer) a total of 897,439 derivative securities (15,371 + 65,972 + 118,430 + 447,666 + 250,000) and was issued/acquired 307,000 new derivative securities (175,223 + 131,777).
• Prices and cash values are not reported (N/A) because these were option-for-option transactions with the issuer, not open-market sales or cash purchases. There were no immediate proceeds reported.

Key Details

• Transaction date: 2026-03-27; Form 4 filed 2026-03-31 reporting the transactions.
• Dispositions to issuer: 15,371; 65,972; 118,430; 447,666; 250,000 (total 897,439) — all reported as derivative dispositions (code D).
• Acquisitions from issuer: 175,223 and 131,777 (total 307,000) — reported as grants/awards (code A).
• Price/consideration: N/A (derivative exchange; no cash price listed).
• Shares owned after transaction: not specified in the reported Form 4.
• Footnote: The transactions reflect an exchange of Eligible Options for New Options pursuant to Getty Images’ exchange offer (see Schedule TO filed March 2, 2026). Each New Option has the same vesting schedule as the corresponding Eligible Option.
• Filing timeliness: Form filed March 31 reporting transactions dated March 27; the filing is reported but not flagged in this filing as late.

Context

• These were derivative transactions in a company-run exchange offer — effectively surrendering existing options in exchange for newly issued options — not open-market sales or purchases. That means no immediate cash was realized and this does not directly indicate a buy or sell sentiment like an open-market trade would.
• For retail investors, the key takeaway is that the insider’s option holdings were restructured under the company program; vesting terms for the new options remain the same per the filing.