Form 4: Ziff Davis CFO Bret Richter Reports Stock Transactions

Bret Richter, CFO of Ziff Davis, reports the vesting and subsequent sale of shares to cover tax liabilities related to restricted stock units.

Summary

• On March 6th and 7th, 2025, Bret Richter, the CFO of Ziff Davis, engaged in multiple transactions involving common stock and restricted stock units (RSUs).
• These transactions included the vesting of RSUs and performance stock units, which convert into common stock on a one-for-one basis.
• Simultaneously, Richter disposed of shares to cover tax liabilities associated with the vesting of these units.
• Specifically, on March 6th, 14,953, 8,722 and 2,140 RSUs vested, and on March 7th, 3,695 RSUs vested.
• The sales of stock to cover tax liabilities were executed at a price of $39.15 on March 6th and $40.85 on March 7th.
• Following these transactions, Richter's direct ownership of Ziff Davis common stock changed, with the final holding being 33,561 shares.

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions by an executive. It doesn't indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to routine executive compensation and tax obligations.

Key Dates