Form 4: Zeta Global Holdings Corp. Director Acquires Shares as Part of Retainer Agreement
SEC Form 4
William Landman, a director of Zeta Global Holdings Corp., acquired 1,389 shares of Class A Common Stock on January 1, 2025, as part of his quarterly retainer for director services.
Summary
- On January 1, 2025, William Landman, a director of Zeta Global Holdings Corp., acquired 1,389 shares of Class A Common Stock.
- The acquisition was part of his quarterly retainer for director services, paid in the form of restricted stock under the company's 2021 Incentive Award Plan.
- The price of the stock was $17.99 per share.
- The restricted stock vests as to 25% of the award one year from the grant date and as to the remaining 75% in four equal quarterly installments beginning on the first anniversary of the grant date.
- Following the transaction, Landman directly owns 258,329 shares of Class A Common Stock.
- Landman also has indirect ownership through CMS Platinum Fund, L.P. (33,330 shares) and his spouse (607,165 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director increasing their holdings is a mildly positive signal.
Positives
- The acquisition of shares by a director demonstrates confidence in the company's future.
- The use of restricted stock as part of the director's retainer aligns the director's interests with those of the shareholders.
Future Outlook
NA
Industry Context
Insider transactions are routinely monitored by investors as signals of management's perspective on the company's valuation and prospects. This transaction reflects a director's ongoing investment in the company.
Stakeholder Impact
- The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 01/01/2025 | Date of transaction: William Landman acquired shares of Class A Common Stock. |
| 01/03/2025 | Date of signature on the Form 4 filing. |
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