Form 4: Ziff Davis CFO Bret Richter Reports Stock Transactions
SEC Form 4 Filing
Bret Richter, CFO of Ziff Davis, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 8, 2024, Bret Richter, the Chief Financial Officer of Ziff Davis, Inc., reported transactions involving the company's stock.
- Richter acquired 3,695 shares of common stock upon the vesting of restricted stock units (RSUs).
- Simultaneously, 1,490 shares were withheld to cover tax liabilities associated with the RSU vesting at a price of $66.77 per share.
- Following these transactions, Richter directly owns 10,474 shares of Ziff Davis common stock and 11,086 restricted stock units.
Sentiment
Score: 7
Explanation: The document reflects routine stock transactions by a company executive, which is neutral to slightly positive as it indicates continued alignment with the company's performance.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of stock transactions (RSU vesting and tax withholding). |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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