Form 4: Zeta Global CFO Christopher Greiner Transfers Shares to Trust
SEC Form 4 Filing
Christopher Greiner, CFO of Zeta Global Holdings Corp., transferred 411,655 shares of Class A Common Stock to a trust for estate and tax planning purposes.
Summary
- On May 22, 2024, Christopher E Greiner, the Chief Financial Officer of Zeta Global Holdings Corp., transferred 411,655 shares of Class A Common Stock.
- The transfer was made to a trust managed by an independent trustee.
- The trust was established for trust, estate, and tax planning purposes.
- The trust will also be used to satisfy any tax withholding obligations arising from the vesting of certain restricted stock awards.
- Following the transaction, Greiner directly owns 1,214,689 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The document describes a routine transaction (transfer to a trust for estate planning). It doesn't indicate any fundamental issues with the company, but it also doesn't provide any particularly positive news.
Industry Context
This type of transaction is common for executives to manage their personal finances and estate planning, and it doesn't necessarily reflect a change in their confidence in the company.
Stakeholder Impact
- The transfer of shares to a trust is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of the share transfer transaction. |
| 05/24/2024 | Date of signature for the Form 4 filing. |
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