Form 4: Zuora Executive Peter Hirsch Reports Stock Transactions
SEC Form 4 Filing
Peter Hirsch, Chief Product & Tech Officer of Zuora, Inc., reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units on September 30, 2024.
Summary
- On September 30, 2024, Peter Hirsch, Chief Product & Tech Officer of Zuora, Inc., engaged in transactions involving Zuora's Class A Common Stock and Restricted Stock Units (RSUs).
- Hirsch acquired 25,000 shares of Class A Common Stock at $0 per share.
- Hirsch disposed of 25,000 shares of Class A Common Stock at $0 per share.
- Following these transactions, Hirsch directly owns 64,566 shares of Class A Common Stock.
- Hirsch also transacted 25,000 Restricted Stock Units (RSUs) that convert to Class A Common Stock.
- After the reported transactions, Hirsch directly owns 175,000 and 250,000 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a routine filing; the sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of earliest transaction (acquisition/disposal of stock and RSUs) |
| 09/30/2024 | Date of RSU transactions |
| 06/30/2024 | Initial vesting date for 1/3 of shares underlying one RSU award. |
| 10/02/2024 | Date of signature on the Form 4 filing |
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