Gandhi Anand 4

4 · Eventbrite, Inc. · Filed Mar 12, 2026

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Updated Mar 12, 2026

Eventbrite (EB) CFO Gandhi Anand Sells 1.274M Shares in Merger

What Happened

Gandhi Anand, Chief Financial Officer of Eventbrite, reported two dispositions to the issuer on March 10, 2026 totaling 1,274,000 shares (567,535 and 706,465). Per the merger agreement, each share/RSU was converted into $4.50 in cash, so the aggregate cash consideration was approximately $5,733,000. The Form 4 shows the transactions as dispositions to the issuer (code D) rather than open‑market sales.

Key Details

Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely — within the two‑business‑day reporting window).
Price/consideration: $4.50 per share under the merger agreement (Form 4 lists price as N/A; see footnotes).
Total shares disposed: 567,535 and 706,465 (1,274,000 total); total cash received ≈ $5,733,000.
Shares owned after transaction: Not stated in the provided filing.
Footnotes: F1 = Outstanding Class A/B shares converted into $4.50 cash per share at the merger effective time; F2 = Issuer RSUs (vested or unvested) were cancelled and converted into cash equal to their underlying shares × $4.50.
Transaction type: Dispositions as part of the approved merger (conversion/cash‑out), not an open‑market sale.

Context

These dispositions resulted from Eventbrite’s merger (Merger Sub merged into Eventbrite) and reflect the deal consideration paid to holders, including conversion of restricted stock units into cash. Such merger‑related payouts are routine and reflect the transaction terms rather than a standalone trading decision by the insider.

Form 4Exit

Period: 2026-03-10

Chief Financial Officer

Transactions

Disposition to Issuer
Class A Common Stock
[F1]
2026-03-10−567,535→ 706,465 total
Disposition to Issuer
Class A Common Stock
[F2]
2026-03-10−706,465→ 0 total

Footnotes (2)

[F1]On March 10, 2026, pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of December 1, 2025, by and among Eventbrite, Inc., a Delaware corporation (the "Issuer"), Bending Spoons US Inc., a Delaware corporation ("Parent") and a wholly owned subsidiary of Bending Spoons S.p.A., and Everest Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer, with the Issuer surviving the Merger as a wholly owned subsidiary of Parent (the "Merger"). At the effective time of the Merger (the "Effective Time"), subject to the terms and conditions of the Merger Agreement, each share of Class A common stock and Class B common stock issued and outstanding immediately prior to the Effective Time (subject to certain exceptions) was converted into the right to receive $4.50 in cash, without interest and subject to applicable withholding taxes (the "Merger Consideration").
[F2]At the Effective Time, each time-based Issuer restricted stock unit (including deferred restricted stock units, each an "Issuer RSU") that was outstanding immediately prior to the Effective Time (whether vested or unvested) was cancelled and converted into the right to receive (without interest) an amount in cash equal to (x) the total number of shares underlying such Issuer RSU, multiplied by (y) the Merger Consideration.

Signature

By: Kristin Johnston, Attorney-in-fact For: the Reporting Person|2026-03-12

1 file