Thomas Joseph D. Jr. 4

What Happened

• On 2026-03-13, Vivid Seats CFO Thomas Joseph D. Jr. was granted 152,905 restricted stock units (RSUs). One-eighth of the grant (19,113 RSUs) vested immediately and were converted into shares the same day. Of those converted shares, 7,960 were withheld to cover tax obligations at $5.90 per share, totaling $46,964, leaving a net delivery of 11,153 shares to the insider.
• Transaction codes: A = award/grant (152,905 RSUs at $0), M = exercise/conversion of derivative (19,113 RSUs converted to shares), F = shares withheld to pay taxes (7,960 shares at $5.90, $46,964).

Key Details

• Transaction date: March 13, 2026; Form filed March 17, 2026 (no late filing indicated).
• Grant: 152,905 RSUs (derivative award, $0 reported price).
• Vested/conversion: 19,113 RSUs converted to shares.
• Tax withholding: 7,960 shares withheld at $5.90/share = $46,964.
• Net shares delivered to insider from the vested portion: 11,153 shares.
• Footnotes: Each RSU equals the right to one Class A share. One-eighth of the RSUs vested on the grant date; the remainder vests in equal quarterly installments beginning June 11, 2026 and fully vests on Dec 11, 2027. RSUs have no expiration.

Context

• These were RSU awards and the standard vesting/settlement of the initial vested tranche; withholding of shares to cover taxes is a common administrative step (not an open-market sale by the insider).
• For retail investors: this filing indicates a large equity award to the CFO and routine settlement of the initial vested portion. Awards and conversions are acquisitions (alignment with company equity) rather than sell signals.