Form 4: Zeta Global Holdings Corp. Chief Accounting Officer Transfers Shares to Trust

Zeta Global Holdings Corp.'s Chief Accounting Officer, Satish Ravella, transferred 18,387 shares of Class A Common Stock to a trust for estate and tax planning purposes.

Summary

• Satish Ravella, Chief Accounting Officer of Zeta Global Holdings Corp., transferred 18,387 shares of Class A Common Stock.
• The transfer was made on December 11, 2024.
• The shares were transferred 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, Mr. Ravella directly owns 220,632 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction for executive financial planning, which is neither positive nor negative for the company's performance. It is a neutral event.

Industry Context

This type of transaction is common for executives to manage their personal finances and tax obligations, and is not unusual in the corporate world.

Comparison to Industry Standards

• Executives commonly use trusts for estate and tax planning purposes.
• The transfer of shares to a trust is a standard practice for managing personal assets and tax liabilities.
• Similar transactions are frequently seen in filings of other publicly traded companies.

Stakeholder Impact

• The transaction has no direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Zeta Global Holdings Corp., Satish Ravella, Chief Accounting Officer, Class A Common Stock, share transfer, trust, estate planning, tax planning, restricted stock awards