Form 4: WisdomTree Executive Peter Ziemba Gifts 25,000 Shares to Charity
SEC Form 4 Filing
WisdomTree's Chief Administrative Officer, Peter Ziemba, gifted 25,000 shares of common stock to a charitable donor advised fund on December 13, 2024.
Summary
- Peter Ziemba, Chief Administrative Officer of WisdomTree, Inc., reported a transaction on December 13, 2024.
- He gifted 25,000 shares of WisdomTree common stock to a charitable donor advised fund.
- The transaction was a disposal of shares with a value of $0.00 per share as it was a gift.
- Following the transaction, Ziemba beneficially owns 923,386 shares of WisdomTree common stock.
- This total includes restricted stock awards that will vest in the future.
Sentiment
Score: 5
Explanation: The document is a neutral report of an insider transaction, with no positive or negative implications for the company's performance.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It does not indicate any specific trend in the asset management industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is typical of executive stock ownership changes.
- Other executives at similar asset management firms like BlackRock or Invesco would also be required to file similar forms for stock transactions.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it is a transfer of shares from an executive to a charitable fund.
Key Dates
| Date | Description |
|---|---|
| 12/13/2024 | Date of the stock gift transaction. |
| 01/25/2025 | Date of first vesting of restricted stock awards (75,719 shares). |
| 01/25/2026 | Date of second vesting of restricted stock awards (55,954 shares). |
| 01/25/2027 | Date of third vesting of restricted stock awards (21,915 shares). |
Keywords
WisdomTree, Peter Ziemba, stock gift, charitable donation, insider transaction, Form 4, beneficial ownership, restricted stock
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