Form 4: Teresa A. Harris, Ziff Davis Director, Reports Stock Transactions
SEC Form 4 Filing
Director Teresa A. Harris reports acquisition and disposal of Ziff Davis stock and restricted stock units.
Summary
- On May 7, 2025, Teresa A. Harris, a director of Ziff Davis, Inc., reported transactions involving the company's stock and restricted stock units (RSUs).
- Harris disposed of 3,610 RSUs at a price of $0, and acquired 3,610 shares of common stock at $31.63 per share.
- She also acquired 7,903 RSUs, which are exercisable on May 7, 2025, and expire on May 7, 2026, underlying 7,903 shares of common stock.
- Following these transactions, Harris directly owns 12,843 shares of common stock and 7,903 RSUs.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The form simply reports transactions, with no explicit positive or negative implications. The acquisition of shares could be seen as a positive signal, but it's a routine disclosure.
Positives
- The acquisition of 7,903 RSUs indicates continued alignment with the company's long-term performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers, which can be indicative of their confidence in the company's prospects.
Comparison to Industry Standards
- Comparing the RSU grants to similar tech companies' equity compensation plans would provide context.
- Analyzing the director's trading activity against industry benchmarks for insider trading could reveal trends.
- Comparing Ziff Davis's equity incentive plan to those of peers like Future plc or Dotdash Meredith would be relevant.
Stakeholder Impact
- The transactions may have a minor impact on shareholder sentiment, depending on how the market interprets insider activity.
- Employees holding RSUs may be interested in the vesting and expiration details.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date Restricted Stock Units were exercisable |
| 05/07/2025 | Date of earliest transaction and date Restricted Stock Units are exercisable |
| 05/07/2026 | Expiration date of Restricted Stock Units |
| 05/09/2025 | Date of signature on the report |
Keywords
Form 4, Director, Teresa A. Harris, Ziff Davis, ZD, Stock, Restricted Stock Units, RSU, Beneficial Ownership, Transaction
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