Form 4: Zedge Director Gregory Suess Increases Stake in Company

Gregory Suess, a director at Zedge, Inc., has increased his holdings of Class B Common Stock through a series of purchases between March 18 and March 20, 2025.

Summary

• Gregory Suess, a director of Zedge, Inc., has reported changes in his beneficial ownership of the company's Class B Common Stock.
• On March 18, 2025, Suess acquired 2,200 shares at a price of $2.27 per share, bringing his total direct holdings to 53,631 shares, which includes 48,073 fully vested restricted shares.
• On March 19, 2025, he purchased an additional 2,175 shares at $2.255 per share, increasing his direct holdings to 55,806 shares.
• On March 20, 2025, Suess acquired another 2,275 shares at $2.2453 per share, resulting in a total of 58,081 directly held shares.
• All transactions were purchases made on the open market.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive due to insider buying, which often indicates confidence in the company's future performance. However, the scale of the purchases is relatively small.

Positives

• The director's purchases may signal confidence in the company's future prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company believe its stock is undervalued or that its prospects are strong.

Stakeholder Impact

• The increased stake of a director could positively influence shareholder sentiment.

Key Dates

Keywords

Zedge, Director, Gregory Suess, Class B Common Stock, Beneficial Ownership, Form 4, SEC Filing, ZDGE