Form 4: Ziff Davis EVP Jeremy Rossen Reports Stock Transactions
SEC Form 4 Filing
Jeremy Rossen, EVP/General Counsel of Ziff Davis, reports the acquisition and disposal of common stock and derivative securities.
Summary
- On March 3, 2024, Jeremy Rossen, EVP/General Counsel of Ziff Davis, reported transactions involving Ziff Davis common stock.
- Rossen acquired 2,495 shares of common stock.
- Rossen disposed of 953 shares to cover tax obligations at a price of $68.76 per share.
- Rossen also reported the conversion of 1,384 and 1,111 restricted stock units (RSUs) into common stock.
- Following these transactions, Rossen directly owns 8,603 shares of common stock and 3,880 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting neutral sentiment as it reports factual transactions without expressing any opinion or outlook.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC to ensure transparency and prevent insider trading.
Key Dates
| Date | Description |
|---|---|
| 03/03/2021 | Reporting person was granted 4,083 restricted stock units ('RSUs') vesting in four annual installments beginning on the first anniversary of the grant date. |
| 10/07/2021 | Spin-off of Consensus Cloud Solutions by the Issuer, the RSUs were subject to anti-dilution adjustment and the total number of RSUs was increased to 4,443. |
| 03/03/2022 | Reporting person was granted 5,537 restricted stock units, vesting in four equal annual installments beginning on the first anniversary of the grant date. |
| 03/03/2024 | Date of earliest transaction: acquisition and disposal of securities. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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