Neuberger Berman Group Amends Getty Images Stake
Ticker: GETY · Form: SC 13D/A · Filed: Nov 22, 2024 · CIK: 1898496
Sentiment: neutral
Topics: ownership-change, sec-filing, schedule-13d
Related Tickers: GETY
TL;DR
NBG updated their Getty Images filing, check ownership changes.
AI Summary
Neuberger Berman Group LLC, through its subsidiaries, has amended its Schedule 13D filing regarding Getty Images Holdings, Inc. as of November 22, 2024. The filing indicates a change in beneficial ownership, with Neuberger Berman Investment Advisers LLC and Neuberger Berman Investment Advisers Holdings LLC listed as group members. Getty Images Holdings, Inc. is headquartered in Seattle, WA.
Why It Matters
This filing signals a potential shift in the ownership structure or investment strategy of a significant shareholder in Getty Images, which could influence the company's future direction.
Risk Assessment
Risk Level: medium — Changes in beneficial ownership filings can indicate shifts in investor sentiment or strategy, potentially impacting stock price.
Key Players & Entities
- Neuberger Berman Group LLC (company) — Filing entity
- Getty Images Holdings, Inc. (company) — Subject company
- Neuberger Berman Investment Advisers LLC (company) — Group member
- Neuberger Berman Investment Advisers Holdings LLC (company) — Group member
- William Braverman ESQ (person) — Contact person
FAQ
What is the specific change in beneficial ownership being reported in this amendment?
The filing is an amendment (Amendment No. 3) to a Schedule 13D, indicating a change in beneficial ownership, but the exact percentage or number of shares changing hands is not detailed in the provided text excerpt.
Who are the group members associated with Neuberger Berman Group LLC in this filing?
The group members listed are Neuberger Berman Investment Advisers LLC and Neuberger Berman Investment Advisers Holdings LLC.
What is the CUSIP number for Getty Images Holdings, Inc. Class A Common Stock?
The CUSIP number for Getty Images Holdings, Inc. Class A Common Stock is 374275105.
When was the previous company name for Getty Images Holdings, Inc. changed?
The former company name was VECTOR HOLDING, LLC, and the date of the name change was December 10, 2021.
What is the business address of Getty Images Holdings, Inc.?
The business address is 605 5th Avenue S., Suite 400, Seattle, WA 98104.
Filing Stats: 1,592 words · 6 min read · ~5 pages · Grade level 13.8 · Accepted 2024-11-22 17:10:10
Key Financial Figures
- $0.0001 — ssuer) Class A Common Stock, par value $0.0001 per share (Title of Class of Securitie
- $2.46 — sold 4,100,000 Securities at a price of $2.46 per share, in an off-market private tra
Filing Documents
- ef20039113_sc13da.htm (SC 13D/A) — 110KB
- 0001140361-24-047665.txt ( ) — 111KB
of the Schedule 13D is hereby amended and supplemented as follows
Item 1 of the Schedule 13D is hereby amended and supplemented as follows: This Amendment No. 3 to Schedule 13D ("Amendment No. 3") amends and supplements the information set forth in the Schedule 13D filed by the Reporting Persons with the U.S. Securities and Exchange Commission (the "SEC") on August 1, 2022, as amended and supplemented by Amendment No. 1 filed with the SEC on September 20, 2022 ("Amendment No. 1") and Amendment No. 2 filed with the SEC on April 26, 2023 ("Amendment No. 2" and, together with the Initial Schedule 13D, Amendment No. 1, Amendment No. 2 and this Amendment No. 3, the "Schedule 13D"), relating to the Class A common stock, par value $0.0001 per share (the "Securities") of Getty Images Holdings, Inc., a Delaware corporation (the "Issuer"), having its principal place of business at 605 5th Ave S., Suite 400, Seattle, WA 98104. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms previously reported in the Schedule 13D. Except as specifically provided herein, this Amendment No. 3 does not modify any of the information previously reported in the Schedule 13D. Item 2. Identity and Background Item 2(c) of the Schedule 13D is hereby amended to restate the information required by instruction C to Schedule 13D as follows: (c) The information required by instruction C to Schedule 13D with respect to the directors and executive officers of the Reporting Persons is set forth below. Neuberger Berman Group LLC Directors Joseph Amato Sharon Bowen Robert D'Alelio Michele Docharty Steven Kandarian George Walker Richard Worley Executive Officers George Walker, Chief Executive Officer Joseph Amato, President Andrew Komaroff, Executive Vice President and Chief Operating Officer Heather Zuckerman, Executive Vice President, Chief of Staff and Secretary William Arnold, Executive Vice President and Chief Financial Officer Michael Chinni, Treasurer Leo Anthony Viola, Controller
of the Schedule 13D is hereby amended and supplemented as follows
Item 5 of the Schedule 13D is hereby amended and supplemented as follows: (a) The aggregate number of Securities to which this Schedule 13D relates is 74,175,262, representing approximately 18.0% of the Securities outstanding, which are held directly by NBOKS Master Fund. The percentage of beneficial ownership reported herein is based on an aggregate 411,074,838 Securities outstanding, as set forth in quarterly report on Form 10-Q/A filed by the Issuer on November 12, 2024. (b) The Reporting Persons share with each other voting and dispositive power with respect to the 74,175,262 Securities reported as beneficially owned herein. (c) On November 20, 2024, NBOKS Master Fund sold 4,100,000 Securities at a price of $2.46 per share, in an off-market private transaction. Other than as set forth herein, no transactions in the Issuer's securities have been effected by the Reporting Persons during the past 60 days. (d) NBOKS Master Fund has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Securities reported herein that are managed on its behalf by NBIA. (e) Not applicable. CUSIP NO. 374275105 Page 7 of 7 Pages SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Neuberger Berman Group LLC November 22, 2024 By: /s/ Brad Cetron Managing Director Neuberger Berman Investment Advisers LLC November 22, 2024 By: /s/ Brad Cetron Managing Director Neuberger Berman Investment Advisers Holdings LLC November 22, 2024 By: /s/ Brad Cetron Managing Director The original statement shall be signed by each person on whose behalf the statement is filed or his authorized representative. If the statement is signed on behalf of a person by his authorized representative (other than an executive officer or general partner of the filing person), evidence of the representative's authori