Ziff Davis (ZD) director Kirk McDonald sells 1,075 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ziff Davis director Kirk P. McDonald sold a total of 1,075 shares of common stock in open-market transactions. The sales occurred at prices around $46.65 per share on Common Stock with a $0.01 par value. After these sales, he continues to hold more than 13,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,075 shares ($50,150)
Net Sell
2 txns
Insider
McDonald Kirk P
Role
null
Sold
1,075 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, $0.01 par value | 975 | $46.65 | $45K |
| Sale | Common Stock, $0.01 par value | 100 | $46.66 | $5K |
Holdings After Transaction:
Common Stock, $0.01 par value — 13,568 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold (total): 1,075 shares
First sale: 100 shares at $46.66
Second sale: 975 shares at $46.65
+1 more
4 metrics
Shares sold (total)
1,075 shares
Aggregate open-market sales reported in Form 4
First sale
100 shares at $46.66
Common Stock, $0.01 par value
Second sale
975 shares at $46.65
Common Stock, $0.01 par value
Net buy/sell direction
Net sale of 1,075 shares
transactionSummary netBuySellShares
Key Terms
Common Stock, $0.01 par value, open-market sale, transaction code "S"
3 terms
Common Stock, $0.01 par value financial
"security_title: Common Stock, $0.01 par value"
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
transaction code "S" financial
"transaction_code_description: Sale in open market or private transaction"
FAQ
What insider transaction did ZD director Kirk P. McDonald report?
Director Kirk P. McDonald reported selling a total of 1,075 Ziff Davis (ZD) common shares. The Form 4 shows two open-market sales on the same date, reflecting routine portfolio activity rather than a change in his directorship or company operations.
What type of transaction is code "S" in the ZD Form 4 filing?
Transaction code "S" in the Ziff Davis Form 4 indicates an open-market or private sale of shares. In this filing, both entries use code S and are described as open-market sales of common stock, confirming they were straightforward dispositions rather than option exercises or gifts.