Form 4: John Sculley Reports Changes in Beneficial Ownership of Zeta Global Holdings Corp.

John Sculley, a director at Zeta Global Holdings Corp., reports transactions involving Class A Common Stock, including acquisitions of restricted stock and a transfer to a revocable trust.

Summary

• On July 1, 2024, John Sculley, a director of Zeta Global Holdings Corp., reported changes in his beneficial ownership of Class A Common Stock.
• He acquired 8,241 shares of restricted stock, vesting in four equal installments starting July 1, 2025.
• He also acquired 1,416 shares of restricted stock at $17.65 per share as payment for his quarterly retainer for director services.
• Sculley transferred 9,657 shares to The Denim Revocable Trust for no consideration.
• Following these transactions, Sculley directly owns 9,657 shares and indirectly owns 1,122,730 shares through The Denim Revocable Trust and 1,040,164 shares through The Bluedge Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing and does not inherently convey positive or negative sentiment. It simply reports transactions.

Positives

• The acquisition of restricted stock as part of director compensation aligns Sculley's interests with the company's long-term performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions and is common for publicly traded companies. It provides transparency into the ownership changes of key personnel.

Comparison to Industry Standards

• Director compensation in the form of restricted stock is a common practice among publicly traded companies to align the interests of directors with shareholders.
• The vesting schedule of the restricted stock is fairly standard, with vesting occurring over multiple periods.

Related Party Transactions

• The transfer of 9,657 shares to The Denim Revocable Trust is a related party transaction.

Stakeholder Impact

• The transactions reported have a minimal direct impact on stakeholders.
• The director's stock ownership aligns his interests with shareholders.

Key Dates