Form 4: Zedge Inc. Director Elliot Gibber Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Elliot Gibber reports acquiring 1,999 shares of Zedge Inc. Class B Common Stock at $2.2083 per share on April 16, 2025.
Summary
- On April 16, 2025, Elliot Gibber, a director of Zedge, Inc., acquired 1,999 shares of Class B Common Stock at a price of $2.2083 per share.
- Following this transaction, Gibber directly owns 228,082 shares of Class B Common Stock.
- This includes 108,890 fully vested shares of Restricted Stock and 119,192 shares held directly.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a director's stock purchase. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track confidence levels and potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction provides shareholders with information about the director's investment activity in the company.
Key Dates
| Date | Description |
|---|---|
| 04/16/2025 | Date of transaction: Elliot Gibber acquired 1,999 shares of Class B Common Stock. |
| 04/17/2025 | Date of report: Joyce J. Mason signed the report by Power of Attorney. |
Keywords
Zedge Inc., Elliot Gibber, Class B Common Stock, Director, Acquisition, Form 4, Beneficial Ownership
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