Form 4: Ziff Davis Executive Vice President Jeremy Rossen Reports Stock Transactions
SEC Form 4 Filing
EVP and General Counsel of Ziff Davis, Jeremy Rossen, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On March 8, 2024, Jeremy Rossen, EVP/General Counsel of Ziff Davis, Inc., reported transactions involving ZD common stock.
- Rossen acquired 1,807 shares of common stock through the vesting of restricted stock units (RSUs).
- Simultaneously, 645 shares were withheld to cover tax liabilities related to the RSU vesting at a price of $66.77.
- Following these transactions, Rossen directly owns 10,370 shares of Ziff Davis common stock and 5,423 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the executive's holdings and transactions in the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation.
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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