Form 4: Zevia PBC Director Rosemary L. Ripley Reports Share Disposals

Director Rosemary L. Ripley reported the disposal of 2,567,006 Class A Common Stock shares through a private block trade.

Summary

• Rosemary L. Ripley, a director of Zevia PBC, has reported changes in her beneficial ownership of the company's stock.
• On December 5, 2024, Ms. Ripley indirectly sold 2,567,006 shares of Class A Common Stock through a private block trade at a price of $1.8996 per share.
• The sale was executed by NGEN III, LP, an entity in which Ms. Ripley may be deemed to have indirect beneficial ownership.
• Following the transaction, Ms. Ripley's total direct holdings include 152,961 shares of Class A Common Stock, including 118,455 RSUs.
• Ms. Ripley also has indirect beneficial ownership of 2,719,258 shares held by NGEN Zevia SPV, LLC and NGEN-Mantra Holdings LLC.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a share sale by a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of a director's share transactions, which is common in publicly traded companies. It provides transparency to investors regarding insider trading activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale of shares by a director is not unusual, but the size of the transaction may be of interest to investors.
• The use of a private block trade is a common method for large share disposals.

Stakeholder Impact

• The share sale may have a minor impact on the stock price, but it is unlikely to have a significant impact on other stakeholders.

Key Dates

Keywords

Zevia PBC, Rosemary L. Ripley, Class A Common Stock, share disposal, beneficial ownership, private block trade, NGEN III, NGEN Zevia, NGEN-Mantra, RSUs