Vivid Seats chief strategy officer sells $7,075 in stock By Investing.com
Riva Bakal, Chief Strategy Officer at Vivid Seats Inc. (NASDAQ:SEAT), recently executed a stock transaction involving the sale of 1,730 shares of the company’s Class A Common Stock. The shares were sold at a weighted average price of $4.09, resulting in a total transaction value of $7,075.
The sale, which occurred on October 21, 2024, was part of a “sell to cover” provision linked to Bakal’s Restricted Stock Units (RSUs) agreement, aimed at covering tax obligations arising from the vesting and settlement of the RSUs. Following this transaction, Bakal holds 127,059 shares directly.
Prior to this sale, on October 19, 2024, Bakal acquired 3,851 shares through the vesting of RSUs, adding to their direct ownership without any monetary…
