Form 4: Zeta Global Holdings Director William Landman Sells Class A Common Stock
SEC Form 4
Director William Landman reports the sale of Class A Common Stock in Zeta Global Holdings Corp.
Summary
- On May 16, 2024, William Landman, a director of Zeta Global Holdings Corp., sold 150,000 shares of Class A Common Stock at a price of $17.1 per share.
- Following this transaction, Landman directly owns 238,435 shares of Class A Common Stock.
- On the same date, Landman also disposed of 16,667 shares of Class A Common Stock at $17.1 per share indirectly through CMS Platinum Fund, L.P.
- After the transaction, 66,664 shares are held indirectly by CMS Platinum Fund, L.P.
- Additionally, 607,165 shares are held indirectly by Landman's spouse.
Sentiment
Score: 4
Explanation: The sentiment is neutral to slightly negative due to the sale of shares by a director, which could be perceived as a lack of confidence in the company's future performance, but it's a routine transaction.
Negatives
- William Landman sold a significant number of shares, which could be interpreted negatively by investors.
Risks
- The sale of a large block of shares by a director could create short-term price volatility.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market.
Stakeholder Impact
- Shareholders may react to the news of the director's stock sale.
Key Dates
| Date | Description |
|---|---|
| 05/16/2024 | Date of transaction: Sale of Class A Common Stock. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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