Form 4: Zeta Global Holdings Director Acquires Shares as Part of Retainer Agreement

Sentiment:

SEC Form 4 Filing


William Landman, a director at Zeta Global Holdings Corp., acquired 2,312 shares of Class A Common Stock as part of his quarterly retainer for director services.

Summary

  • On April 1, 2024, William Landman, a director of Zeta Global Holdings Corp., acquired 2,312 shares of Class A Common Stock.
  • The acquisition was part of his quarterly retainer for director services, with the shares priced at $10.81 each.
  • These shares were granted under the Issuer's 2021 Incentive Award Plan and vest over time.
  • Following the transaction, Landman directly owns 388,435 shares of Class A Common Stock.
  • He also has indirect ownership through CMS Platinum Fund, L.P. (83,331 shares) and through his spouse (607,165 shares).

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction related to director compensation. There are no explicit positive or negative indicators.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.
  • The vesting schedule of the restricted stock aligns the director's interests with the long-term performance of the company.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock suggests a commitment to the company's long-term performance.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's prospects. This transaction is a routine part of director compensation.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves a small number of shares relative to the total outstanding shares.
  • The transaction aligns the director's interests with those of the shareholders.

Key Dates

DateDescription
04/01/2024Date of transaction: William Landman acquired shares of Class A Common Stock.
04/03/2024Date of signature by Attorney-In-Fact.

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