Gandhi Anand 4

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.