August-deWilde Katherine 4

What Happened
Katherine August‑deWilde, a director of Eventbrite (EB), had a total of 371,455 holdings (common shares and restricted stock units) converted into cash as part of the company’s merger closing on March 10, 2026. Each outstanding share was converted into $4.50 in cash under the merger agreement, yielding roughly $1.67 million. Several derivative awards (time‑based RSUs) were also cancelled and converted into cash; certain outstanding options that were out‑of‑the‑money were cancelled for a small cash payment per the merger terms.

Key Details

• Transaction date: March 10, 2026 (merger effective time). Filing date: March 12, 2026 (timely within the normal 2‑business‑day window).
• Dispositions reported (all "Disposition to the issuer" under the Merger):
  • Common shares: 49,344; 79,051; 206,590 (total common = 334,985)
  • Derivative/RSU line items: 20,302; 6,852; 3,671; 5,645 (total RSU shares = 36,470)
  • Total converted: 371,455 shares (334,985 common + 36,470 RSU equivalents).
• Merger consideration: $4.50 per share in cash (per Footnote F1/F2) → ~ $1,671,548 for the 371,455 shares.
• Options: Footnote F3 notes any options with exercise prices above $4.50 were cancelled and settled for a Black‑Scholes cash amount (example listed: $17,361.27).
• Shares owned after transaction: the reported holdings subject to these entries were converted/cancelled in the merger (i.e., cashed out).
• Nature of transaction: Not an open‑market sale — these were merger cash‑outs under the Acquisition Agreement, so this is a corporate transaction rather than a discretionary insider sale.

Context

• This filing documents the automatic conversion/settlement of equity at merger close (routine when a company is acquired). It does not reflect a voluntary open‑market trade that would signal the insider’s short‑term view.
• For retail investors, purchases are generally more informative than merger cash‑outs; this is a corporate liquidity event paying fixed consideration.