Orlowsky Peter 4

What Happened

• Peter Orlowsky, Senior Vice President of Getty Images (GETY), participated in the company's option exchange on March 27, 2026. The Form 4 reports dispositions "to the issuer" totaling 605,220 (106,366 + 53,514 + 25,579 + 319,761 + 100,000) and grants/awards of 123,379 new derivative awards (70,908 + 52,471).
• No cash prices are reported (price = N/A). These transactions reflect an exchange of existing stock options (Eligible Options) for New Options under the company's exchange offer rather than an open-market sale.

Key Details

• Transaction date: March 27, 2026; Form 4 filed March 31, 2026 (filed within the usual two-business-day window).
• Dispositions to issuer (code D): 605,220 (broken out on the filing as 106,366; 53,514; 25,579; 319,761; 100,000).
• Grants/awards (code A): 123,379 New Options (70,908; 52,471).
• Price: N/A for all reported entries (derivative exchange, not an open-market trade).
• Shares owned after transaction: not specified in the information provided on this summary.
• Footnotes: F1 — these transactions reflect an exchange offer; each New Option has the same vesting schedule as the corresponding Eligible Option. F2 — this filing corrects a prior Form 4 (Mar 16, 2023) that misreported the number of options awarded.

Context

• These are derivative option-exchange transactions: Orlowsky surrendered Eligible Options and received New Options in return. This is not a cash sale or a standard open-market purchase, and does not necessarily signal a change in personal investment intent.
• New Options maintain the same vesting terms as the surrendered options per the company disclosure; the filing corrects an earlier reporting error about award counts.