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

Sentiment:

SEC Form 4 Filing


Director William Landman acquired 1,843 shares of Zeta Global Holdings Corp. Class A Common Stock as part of his quarterly retainer for director services.

Summary

  • On April 1, 2025, William Landman, a director of Zeta Global Holdings Corp., acquired 1,843 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 per share was $13.56.
  • Following the transaction, Landman directly owns 260,172 shares of Class A Common Stock and indirectly owns 607,165 shares through his spouse.
  • 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.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director's acquisition of shares is a positive sign, but it's not a major market-moving event.

Positives

  • The acquisition of shares by a director demonstrates confidence in the company's future prospects.
  • The use of restricted stock as part of director compensation aligns the director's interests with those of the shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock suggests a multi-year commitment from the director.

Industry Context

Insider transactions are closely monitored as they can provide insights into management's perspective on the company's valuation and future performance. This transaction represents a director receiving equity as part of their compensation, a common practice.

Comparison to Industry Standards

  • Director compensation packages often include stock options or restricted stock units to align their interests with shareholders, similar to practices at companies like Salesforce (CRM) and Adobe (ADBE).
  • The vesting schedule of the restricted stock is fairly standard, with a portion vesting after one year and the remainder vesting quarterly, which is comparable to vesting schedules at companies like Microsoft (MSFT) and Apple (AAPL).

Stakeholder Impact

  • The transaction could have a slightly positive impact on shareholders as it aligns the director's interests with theirs.
  • The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

DateDescription
04/01/2025Date of transaction: William Landman acquired 1,843 shares of Class A Common Stock.
04/03/2025Date of filing: Form 4 filing date.

Keywords

Zeta Global Holdings, Director, William Landman, Stock Acquisition, Form 4, Insider Trading, Restricted Stock, Incentive Award Plan

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