Form 4: Zeta Global Holdings Director William T. Royan Receives Stock Grant

Director William T. Royan received 8,241 shares of Class A Common Stock from Zeta Global Holdings on July 1, 2024, as part of the company's non-employee director compensation program.

Summary

• William T. Royan, a director of Zeta Global Holdings Corp., acquired 8,241 shares of Class A Common Stock on July 1, 2024.
• The acquisition was part of the issuer's non-employee director compensation program, which provides an annual grant of restricted stock for board service.
• Following the transaction, Royan directly owns 60,933 shares of Class A Common Stock.
• GPI Capital Gemini HoldCo, L.P., previously reported with Royan, no longer beneficially owns more than 10% of the Class A common stock and is no longer subject to Section 16 reporting requirements.
• Royan, along with Khai Ha and Aleksander Migon, are members of the Investment Committee of GPI LLC and disclaim beneficial ownership of the shares held by GPI Capital Gemini HoldCo LP.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally. The fact that GPI Capital Gemini HoldCo, L.P. is no longer subject to Section 16 reporting is a minor positive as it simplifies reporting requirements.

Positives

• The stock grant aligns director compensation with company performance and shareholder interests.

Industry Context

Director compensation through stock grants is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock grants for non-employee directors are a standard component of compensation packages in publicly listed companies like Zeta Global Holdings.
• Comparable companies such as LiveRamp and The Trade Desk also utilize stock grants as part of their director compensation programs.

Stakeholder Impact

• The stock grant aligns the director's interests with those of shareholders.

Key Dates