Form 4: Ziff Davis Executive Layth Taki Reports Stock Transactions
SEC Form 4 Filing
Layth Taki, Chief Accounting Officer of Ziff Davis, reports acquisition and disposal of company stock and restricted stock units.
Summary
- On March 8, 2024, Layth Taki, Chief Accounting Officer of Ziff Davis, reported transactions involving Ziff Davis common stock and restricted stock units.
- Taki acquired 1,205 shares of common stock through the exercise of restricted stock units.
- Taki disposed of 550 shares to cover tax liabilities related to the vesting of restricted stock units at a price of $66.77 per share.
- The transactions resulted in Taki beneficially owning 3,341 shares of common stock and 3,615 restricted stock units.
- The report also notes an acquisition of 186 shares through Ziff Davis, Inc.'s Employee Stock Purchase Program (ESPP) on November 15, 2023.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 11/15/2023 | Acquisition of 186 shares through Ziff Davis, Inc.'s Employee Stock Purchase Program (ESPP) |
| 03/08/2024 | Date of stock and RSU transactions |
| 03/12/2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.