Form 4: Ziff Davis CEO Vivek Shah Reports Share Transactions

Sentiment:

SEC Form 4 Filing


Vivek Shah, CEO of Ziff Davis, reports the acquisition and holding of common stock through direct and indirect ownership.

Summary

  • Vivek Shah, the CEO of Ziff Davis, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On March 4, 2025, Shah acquired 12,636 shares of common stock at a weighted average price of $39.56.
  • These shares were purchased in multiple transactions with prices ranging from $39.469 to $39.57.
  • Shah directly owns 190,899 shares and indirectly owns 110,000 shares through the Vivek R Shah Irrevocable Family Trust.
  • He also indirectly owns 282,063 shares through the Vivek R Shah Revocable Trust.
  • The report includes corrections for previously misreported shares held by the Vivek R Shah Revocable Trust.
  • The report also reflects purchases of 255 shares on May 15, 2024 and 266 shares on November 15, 2024 under Ziff Davis, Inc.'s Employee Stock Purchase Program.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard regulatory filing detailing stock transactions. The CEO's purchase is a mildly positive signal.

Positives

  • The CEO's purchase of shares may signal confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.

Stakeholder Impact

  • The CEO's stock transactions may influence investor sentiment and potentially impact the company's stock price.

Key Dates

DateDescription
2024-05-15Purchase of 255 shares under Ziff Davis, Inc.'s Employee Stock Purchase Program.
2024-11-15Purchase of 266 shares under Ziff Davis, Inc.'s Employee Stock Purchase Program.
2025-03-04Acquisition of 12,636 shares of common stock at a weighted average price of $39.56.
2025-03-06Date of signature for the Form 4 filing.

Keywords

Form 4, Beneficial Ownership, Vivek Shah, Ziff Davis, Stock Acquisition, Common Stock

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