Form 4: Ziff Davis Director Sarah Fay Reports Equity Transactions

Director Sarah Fay exercised restricted stock units and received a new equity grant in Ziff Davis, Inc.

Summary

• Director Sarah Fay exercised 7,903 restricted stock units (RSUs) on May 7, 2026, which converted into common stock.
• Following the exercise, Fay holds 31,522 shares of Ziff Davis common stock directly.
• Fay was granted 5,723 new restricted stock units on May 6, 2026, under the 2024 Equity Incentive Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director equity compensation and ownership changes.

Positives

• Director maintains a significant direct equity stake of 31,522 shares, aligning interests with shareholders.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The new RSU grant of 5,723 units is scheduled to vest on May 6, 2027.

Industry Context

StockSavvy.ai notes that routine equity transactions by directors are standard corporate governance practices and generally do not signal shifts in company strategy or financial health.

Comparison to Industry Standards

• The use of RSU grants as part of director compensation is consistent with standard practices for publicly traded companies in the technology and media sectors.

Stakeholder Impact

• Minimal impact on shareholders as these are standard equity compensation transactions.

Next Steps

• Vesting of the 5,723 RSUs granted on May 6, 2026, expected on May 6, 2027.

Key Dates

Keywords

Ziff Davis, ZD, Form 4, Insider Trading, Equity Incentive Plan, Director Compensation