Form 4: Zeta Global CFO Greiner Transfers Shares to Trust for Estate Planning

Sentiment:

SEC Form 4 Filing


Christopher E. Greiner, CFO of Zeta Global Holdings Corp., transferred 116,789 shares of Class A Common Stock to a trust for estate and tax planning purposes on August 9, 2024.

Summary

  • On August 9, 2024, Christopher E. Greiner, the Chief Financial Officer of Zeta Global Holdings Corp., reported a transaction involving the company's Class A Common Stock.
  • Greiner transferred 116,789 shares to a trust managed by an independent trustee.
  • This transfer was conducted 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 1,451,162 shares of Zeta Global's Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding a standard transaction for estate planning purposes, with no inherent positive or negative implications for the company's financial health or future prospects.

Industry Context

Form 4 filings are a routine part of insider transactions and are required by the SEC to provide transparency regarding the buying and selling of company stock by its officers and directors. This transaction appears to be for personal financial planning rather than a reflection on the company's performance.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on shareholders, employees, customers, suppliers, or creditors, as it is a personal financial matter for the CFO.

Key Dates

DateDescription
08/09/2024Date of the share transfer transaction.

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