Manchon Pilar 4

What Happened

• Manchon Pilar, a director of Eventbrite, reported dispositions totaling 163,637 shares (30,483 + 133,154) on March 10, 2026. The shares were not sold on the open market but were converted into cash under the company’s merger agreement at $4.50 per share, for a gross payout of $736,366.50 (subject to withholding).
• These transactions are reported as dispositions to the issuer (code D) in connection with the merger of Eventbrite into a Bending Spoons subsidiary; the filing reflects the conversion/cancellation of outstanding stock and certain restricted stock units into cash.

Key Details

• Transaction date: March 10, 2026. Merger consideration: $4.50 per share.
• Shares disposed: 30,483 and 133,154 (total 163,637). Gross cash value: $736,366.50 (before tax withholding).
• Footnotes: F1 describes the merger that converted common stock into $4.50 cash per share; F2 explains that time-based restricted stock units (RSUs) were cancelled and converted into cash equal to the number of underlying shares times the merger consideration.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing date: March 12, 2026 (appears timely based on the March 10 transaction).

Context

• These were not market sales driven by individual trading decisions but cash-outs resulting from a corporate merger—common when a company is acquired. The payments are without interest and subject to applicable withholding taxes.