Ziff Davis (ZD) director Teresa Harris exercises RSUs and receives 5,723-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ZIFF DAVIS, INC. director Teresa A. Harris reported equity compensation activity involving common stock and restricted stock units. On May 7, 2026, she exercised 7,903 restricted stock units into common shares at a reported value of $43.31 per share, bringing her direct common stock holdings to 20,746 shares after the transaction.
On May 6, 2026, she received a grant of 5,723 restricted stock units under the issuer's 2024 Equity Incentive Plan, which are scheduled to vest or become exercisable on May 6, 2027. Footnotes clarify that these restricted stock units have no expiration dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,903 shares exercised/converted
Mixed
3 txns
Insider
Harris Teresa A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock $0.01 Par Value | 7,903 | $43.31 | $342K |
| Grant/Award | Restricted Stock Units | 5,723 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,903 | $0.00 | -- |
Holdings After Transaction:
Common Stock $0.01 Par Value — 20,746 shares (Direct, null);
Restricted Stock Units — 5,723 shares (Direct, null)
Footnotes (1)
- There are no expiration dates on RSUs. Restricted Stock Unit awarded under the Issuer's 2024 Equity Incentive Plan.
Key Figures
RSUs exercised: 7,903 shares
Exercise value per share: $43.31
Common shares held after: 20,746 shares
+3 more
6 metrics
RSUs exercised
7,903 shares
Converted into common stock on May 7, 2026
Exercise value per share
$43.31
Common stock value for 7,903-share exercise
Common shares held after
20,746 shares
Direct ownership after May 7, 2026 transaction
New RSU grant
5,723 units
Granted May 6, 2026 under 2024 Equity Incentive Plan
RSU vesting date
May 6, 2027
Scheduled exercisability/vesting for 5,723 RSUs
Exercise count
1 exercise, 7,903 shares
From transaction summary in this Form 4
Key Terms
Restricted Stock Units, Equity Incentive Plan, derivative security
3 terms
Restricted Stock Units financial
"The filing references "Restricted Stock Units" as equity awards tied to common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"The RSU grant was awarded under the Issuer's 2024 Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
derivative security financial
"Transactions coded as M are described as exercise or conversion of a derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What transactions did ZD director Teresa A. Harris report on this Form 4?
Teresa A. Harris reported an option-style exercise of 7,903 restricted stock units into common shares and a separate grant of 5,723 new restricted stock units. All reported transactions were acquisitions of equity-based compensation, with no open-market purchases or sales disclosed.
What are the key details of Teresa A. Harris’s new restricted stock unit grant at ZD?
She received 5,723 restricted stock units on May 6, 2026, at a stated price of $0.00, under Ziff Davis’s 2024 Equity Incentive Plan. These units relate to an equal number of underlying common shares and are scheduled to vest or become exercisable on May 6, 2027.
At what value were Teresa A. Harris’s restricted stock units in ZD converted to common stock?
Her May 7, 2026 exercise converted 7,903 restricted stock units into common stock at a reported value of $43.31 per share. The derivative entry shows a zero conversion price, with the corresponding common stock transaction reflecting the $43.31 per-share figure.
Do Teresa A. Harris’s ZD restricted stock units have an expiration date?
The footnotes indicate there are no expiration dates on her restricted stock units. While vesting or exercisability is scheduled, the RSUs themselves are not subject to a separate contractual expiration, according to the disclosure provided in the filing.
Were any of Teresa A. Harris’s ZD transactions open-market buys or sells?
No open-market buys or sells were reported. The filing shows one exercise of 7,903 restricted stock units into common stock and a grant of 5,723 new restricted stock units, all categorized as acquisitions rather than market purchases or sales.