Form 4: Zeta Global Director John Sculley Transfers Shares to Revocable Trusts

Sentiment:

SEC Form 4 Filing


Director John Sculley reports transferring 500,000 Class A Common Stock shares each to The Bluedge Revocable Trust and The Denim Revocable Trust on March 13, 2025, for estate and tax planning purposes.

Summary

  • John Sculley, a director of Zeta Global Holdings Corp., reported changes in beneficial ownership on March 13, 2025.
  • He transferred 500,000 shares of Class A Common Stock to The Bluedge Revocable Trust and another 500,000 shares to The Denim Revocable Trust.
  • The transfers were conducted at a price of $0 per share.
  • Following the transactions, Sculley indirectly owns 540,164 shares through The Bluedge Revocable Trust and 624,957 shares through The Denim Revocable Trust.
  • The transfers were made for trust, estate, and tax planning purposes.

Sentiment

Score: 7

Explanation: The document is a neutral regulatory filing. The transfer of shares to trusts is a common estate planning strategy and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.

Stakeholder Impact

  • The transfer of shares has minimal immediate impact on stakeholders as it is related to personal estate planning.

Key Dates

DateDescription
03/13/2025Date of transaction: Transfer of shares to The Bluedge Revocable Trust and The Denim Revocable Trust.
03/14/2025Date of signature on the Form 4 filing.

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