Form 4: Zeta Global CEO David Steinberg Acquires Additional Shares
SEC Form 4 Filing
Zeta Global's CEO, David Steinberg, has acquired 53,676 shares of Class A Common Stock at an average price of $19.24.
Summary
- David Steinberg, CEO of Zeta Global Holdings Corp., purchased 53,676 shares of Class A Common Stock on November 18, 2024.
- The shares were acquired at a weighted average price of $19.24, with individual transaction prices ranging from $19.13 to $19.25.
- Following the transaction, Mr. Steinberg directly owns 65,310 shares of Class A Common Stock.
- Additionally, Mr. Steinberg indirectly owns 3,381,684 shares through ACI Investment Partners, LLC, where he is the managing member.
- He also indirectly owns 79,236 shares through his spouse.
Sentiment
Score: 6
Explanation: The document is neutral, reporting a routine insider transaction. The CEO's purchase could be seen as a positive sign, but it's not a major event.
Positives
- The CEO's purchase of shares may signal confidence in the company's future performance.
- The purchase increases the CEO's direct stake in the company.
Industry Context
This is a standard SEC Form 4 filing, which is common when company insiders make transactions in their company's stock. It is a routine disclosure and does not indicate any specific industry trend.
Comparison to Industry Standards
- Insider trading activity is common across all publicly listed companies.
- The filing is consistent with standard SEC reporting requirements for insider transactions.
- The size of the transaction is not unusual for a CEO of a company of Zeta Global's size.
Stakeholder Impact
- The share purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/18/2024 | Date of the share purchase transaction by David Steinberg. |
Keywords
Zeta Global, David Steinberg, insider trading, share purchase, Class A Common Stock, ACI Investment Partners, SEC Form 4
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