Form 4: Zeta Global Holdings CEO David Steinberg Reports Changes in Beneficial Ownership

David Steinberg, CEO of Zeta Global Holdings, reports transactions involving Class A and Class B common stock, including transfers to trusts and his spouse, as well as holdings by related investment entities.

Summary

• David Steinberg, CEO of Zeta Global Holdings, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• The reported transactions include transfers of Class A Common Stock to a trust managed by an independent trustee for estate and tax planning purposes.
• Transfers of Class A Common Stock were also made to Mr. Steinberg's spouse.
• The filing also reflects holdings by ACI Investment Partners, LLC, IAC Investment Company IX, LLC, CAIVIS Acquisition Corp. II, and family trusts, entities in which Mr. Steinberg has a managing role or beneficial interest.
• The Class B common stock is convertible to Class A common stock on a one-to-one basis under certain conditions, including voting power thresholds or Mr. Steinberg's death or disability.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock ownership changes. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider transactions.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors for insights into management's perspective on the company's stock.

Stakeholder Impact

• The reported transactions may be of interest to shareholders as they provide insight into the holdings and transactions of the company's CEO and related entities.
• The transfers to trusts and family members may have implications for estate planning and tax strategies.

Key Dates