Gorman Lisa 4

What Happened
Lisa Gorman, General Counsel of Eventbrite (EB), disposed a total of 898,454 shares on March 10, 2026 as part of the company’s merger. The dispositions consist of two equity share conversions (245,228 and 651,142 shares) and one derivative conversion (2,084 RSU-equivalent shares). Under the Merger Agreement, each share was converted into $4.50 in cash, so the combined cash consideration was approximately $4.04 million. These were not open-market sales but cash-out conversions at the merger’s effective time.

Key Details

• Transaction date: March 10, 2026 (filing date: March 12, 2026 — timely under Form 4 rules).
• Consideration: $4.50 per share; total ≈ $4,043,043.
• Shares reported disposed: 245,228; 651,142; and 2,084 (derivative/RSU). Total = 898,454.
• The 2,084 share line represents an Issuer RSU converted to cash per the Merger Agreement.
• Footnote F1: the filing corrects a prior administrative over-reporting of 28,560 Class A shares (those were excluded here).
• Footnote F4 (general merger treatment): outstanding options with exercise prices above the $4.50 per-share consideration were converted into a separate cash amount ($421.91 by Black‑Scholes), per the agreement — a general note in the filing.
• Shares owned after the transaction are not specified in this Form 4.

Context
These transactions are routine merger-cash-outs converting stock and RSUs into the merger consideration ($4.50/share). They are different from open-market insider sales and do not by themselves signal a voluntary buy/sell decision by the insider. The filing corrects a prior reporting error on share counts.