Form 4: Zeta Global Holdings Corp. Executive Steven Gerber Transfers Shares for Estate Planning and Charitable Donation

Steven Gerber, President & COO of Zeta Global Holdings Corp., transferred shares to a trust and a non-profit organization on August 9, 2024.

Summary

• On August 9, 2024, Steven H. Gerber, President & COO of Zeta Global Holdings Corp., reported changes in beneficial ownership of Class A Common Stock.
• 74,000 shares were transferred to a trust managed by an independent trustee for trust, estate, and tax planning purposes, and to cover potential tax withholding obligations from vesting restricted stock awards.
• 6,451 shares were transferred to a non-profit organization.
• Following these transactions, Gerber indirectly owns 1,921,121 shares through the Evergreen Revocable Trust.

Sentiment

Score: 6

Explanation: The document describes routine transactions (stock transfers for estate and tax planning). It doesn't indicate any particularly positive or negative sentiment regarding the company's performance or future prospects.

Industry Context

Executive stock transfers are a common occurrence and can be for various reasons, including estate planning, charitable donations, or diversification of assets. These transactions are closely monitored by investors for insights into executive sentiment and potential future actions.

Stakeholder Impact

• The transfer of shares to a trust and a non-profit organization may have a minor impact on shareholders, as it changes the distribution of ownership.

Key Dates