Form 4: Ziff Davis CEO Vivek Shah Reports Stock Transaction

Ziff Davis CEO Vivek Shah reported a transaction involving the withholding of 11,318 shares for tax liabilities and discloses indirect holdings through family trusts.

Summary

• Vivek Shah, CEO of Ziff Davis, reported a transaction on January 1, 2025, where 11,318 shares of common stock were withheld to cover tax liabilities related to vesting of stock awards.
• Following this transaction, Mr. Shah directly owns 220,414 shares of Ziff Davis common stock.
• Mr. Shah also has indirect ownership of 110,000 shares through the Vivek R Shah Irrevocable Family Trust, where his spouse is the trustee and his spouse and children are the beneficiaries.
• Additionally, Mr. Shah indirectly owns 239,868 shares through the Vivek R Shah Revocable Trust, where he is the beneficiary and trustee.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating no significant positive or negative sentiment. It reflects standard executive compensation practices and transparency.

Industry Context

This is a routine SEC Form 4 filing, which is standard practice for corporate insiders reporting changes in their beneficial ownership of company stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for all publicly traded companies in the United States.
• The reporting of stock transactions by executives is a common practice and is comparable to filings made by executives at other publicly traded companies such as Alphabet (GOOGL), Meta (META), and Microsoft (MSFT).

Stakeholder Impact

• The transaction has a minor impact on shareholders as it is a routine tax withholding event.
• The filing provides transparency to stakeholders regarding the CEO's stock ownership.

Key Dates

Keywords

Ziff Davis, Vivek Shah, stock transaction, beneficial ownership, Form 4, insider trading, executive compensation, family trust, tax liability