Form 4: Zeta Global Holdings Director, Robert Niehaus, Reports Share Distribution

Robert Niehaus, a director at Zeta Global Holdings, reported the distribution of 217,625 common shares from Greenhill Capital Partners III, L.P.

Summary

• Robert Niehaus, a director of Zeta Global Holdings, filed a Form 4 indicating a change in his beneficial ownership of the company's stock.
• The change resulted from a distribution of 217,625 common shares from Greenhill Capital Partners III, L.P. to its partners on a pro rata basis.
• This distribution was made for no consideration, meaning no money was exchanged for the shares.
• Following this transaction, Mr. Niehaus's direct holdings decreased by 278,558 shares, while his indirect holdings increased by 217,625 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of a share transaction, with no positive or negative implications for the company's performance or outlook.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders when there are changes in their beneficial ownership of company stock. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The distribution of shares from a partnership to its partners is a common transaction, and the reporting of this transaction is in line with SEC regulations.
• There are no specific industry benchmarks to compare this transaction to, as it is a specific event related to the individual and the partnership.

Stakeholder Impact

• The share distribution has a minor impact on the overall shareholding structure of the company.
• The transaction is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Zeta Global Holdings, Robert Niehaus, Form 4, beneficial ownership, share distribution, Greenhill Capital Partners, director