Form 4: Ziff Davis CFO, Bret Richter, Reports Stock Transactions
SEC Form 4 Filing
Ziff Davis' Chief Financial Officer, Bret Richter, reported the acquisition and disposal of company stock and restricted stock units on January 1, 2025.
Summary
- Bret Richter, the Chief Financial Officer of Ziff Davis, Inc., reported transactions involving the company's stock on January 1, 2025.
- He acquired 5,074 shares of common stock through the vesting of restricted stock units.
- He also disposed of 2,230 shares to cover tax liabilities related to the vesting of restricted stock awards.
- The disposal of shares was at a price of $54.34 per share.
- Following these transactions, Mr. Richter beneficially owns 13,584 shares of common stock.
- He also owns 5,074 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing detailing insider transactions, which is neither positive nor negative for the company's overall outlook.
Industry Context
This is a routine filing related to insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are a standard practice for all publicly traded companies in the US.
- The transactions reported are typical for executives who receive stock-based compensation.
- The tax withholding of shares is a common practice to cover tax liabilities associated with vesting.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Acquisition of 266 shares through the Employee Stock Purchase Program. |
| 01/01/2025 | Date of stock and restricted stock unit transactions. |
| 01/03/2025 | Date of the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Transactions, Restricted Stock Units, Ziff Davis, Bret Richter, CFO
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