Peters Craig Warren 4
Research Summary
AI-generated summary
Getty Images (GETY) CEO Craig Peters Exchanges Stock Options
What Happened
Craig Peters, CEO of Getty Images Holdings, executed an options exchange on March 27, 2026. The Form 4 shows dispositions to the issuer totaling 6,134,862 derivative units (surrendered/exchanged Eligible Options) and grants/acquisitions of 1,269,743 new options issued by the company. No cash prices are reported (N/A) because this was an exchange of option instruments rather than an open‑market sale or purchase.
Key Details
- Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (appears timely).
- Dispositions to issuer (surrendered/exchanged Eligible Options): 6,134,862 total (individual line items: 371,553; 1,565,691; 2,697,618; three entries of 500,000).
- Acquisitions/grants (New Options): 1,269,743 total (580,535; 248,295; 228,202; 212,711).
- Price/consideration: N/A — these were derivative exchanges, not cash trades.
- Shares owned after transaction: Not specified in the information provided.
- Footnote: The filings reflect an exchange offer (see Schedule TO filed by the company on March 2, 2026). Each New Option retains the same vesting schedule as the corresponding Eligible Option.
Context
- This is a derivative restructuring (exchange of existing options for new options) — not an open‑market sale or purchase. Such exchanges commonly occur as part of companywide option tender/exchange programs and do not by themselves indicate the insider is buying or selling stock for cash.
- The new options reportedly carry the same vesting schedules as the surrendered options, per the company’s Schedule TO disclosure.