Zedge CFO Yi Tsai Receives 2,000 Shares as Award Vests

The award terms schedule another 2,000 DSUs to vest on September 6, 2027, with the shares issued depending on the market price at vesting.

Rhea-AI Filing Summary

Zedge, Inc. CFO & Treasurer Yi Tsai reported vesting of 2,000 Deferred Stock Units on September 7, 2026, resulting in 2,000 Class B Common Stock shares. Zedge withheld 827 shares for tax purposes upon vesting; the reported price was $2.97 per share. Yi Tsai also reported 23,450 Class B shares held indirectly through the 401(k) Plan as of September 29, 2027. The remaining 2,000 DSUs were scheduled to vest on September 6, 2027.

Insider Trade Summary

2,000 shares exercised/converted

Exercise 4 txns

Insider Tsai Yi

Role CFO & Treasurer

Type	Security	Shares	Price	Value
Exercise	Deferred Stock Units F1, F5	2,000	$0.00	$0.00
Exercise	Class B Common Stock, par value $.01 per share F1, F2	2,000	--	--
Tax Withholding	Class B Common Stock, par value $.01 per share F3, F2	827	$2.97	$2K
holding	Class B Common Stock, par value $.01 per share F4	--	--	--

Holdings After Transaction: Deferred Stock Units — 2,000 contracts (Direct); Class B Common Stock, par value $.01 per share — 6,570 shares (Direct); Class B Common Stock, par value $.01 per share — 23,450 shares (Indirect, By 401(k) Plan)

Footnotes (5)

1. F1. Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis.
2. F2. Consists of shares issued upon the vesting of DSUs.
3. F3. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
4. F4. As of September 29, 2027.
5. F5. On January 21, 2025, the Reporting Person was granted 6,000 DSUs. Each DSU represents the right to receive between 1/3 of a share and 3 shares of the Issuer's Class B common stock. 2,000 of the DSUs vested on September 8, 2025, and an additional 2,000 vested on September 7, 2026. The remaining 2,000 DSUs are scheduled to vest on September 6, 2027. The number of shares issued for each DSU vested depends on the market price for the Class B common stock as of the relevant vesting date. For the September 7, 2026 vesting, the market price was $2.97, between $2.76 (the grant price) and $3.99; therefore, 2,000 shares were issued on September 7, 2026 for the 2,000 DSUs that vested that day, based on the applicable distinct market price band.

Key Figures

DSUs vested: 2,000 DSUs Class B shares issued: 2,000 shares Shares withheld for taxes: 827 shares +2 more

5 metrics

DSUs vested 2,000 DSUs September 7, 2026

Class B shares issued 2,000 shares Upon vesting on September 7, 2026

Shares withheld for taxes 827 shares Upon vesting on September 7, 2026

Reported price per share $2.97 per share For the September 7, 2026 vesting

Indirect 401(k) Plan holdings 23,450 Class B shares As of September 29, 2027

Key Terms

Deferred Stock Units, vesting, distinct market price band

3 terms

Deferred Stock Units financial

"Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock"

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

vesting financial

"shares issued upon the vesting of DSUs"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

distinct market price band financial

"based on the applicable distinct market price band"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ZDGE shares did CFO Yi Tsai receive from DSUs?

Yi Tsai's vesting of 2,000 DSUs on September 7, 2026 resulted in 2,000 Class B shares. Zedge withheld 827 shares for tax purposes upon vesting; the reported price was $2.97 per share.

When are Yi Tsai's remaining ZDGE DSUs scheduled to vest?

The original award was 6,000 DSUs, granted January 21, 2025. 2,000 vested September 8, 2025, another 2,000 vested September 7, 2026, and the remaining 2,000 were scheduled to vest September 6, 2027. The number of shares issued for each vested DSU depends on the market price at vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/29/2026 - 06:40 PM Accepted by SEC EDGAR 09/29/2026 - 06:39 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tsai Yi

(Last) (First) (Middle)

C/O ZEDGE, INC.

1178 BROADWAY, SUITE 1450, 3RD FLOOR

(Street)

NEW YORK NEW YORK 10001

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Zedge, Inc. [ ZDGE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO & Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class B Common Stock, par value $.01 per share	09/07/2026		M		2,000	A	(1)	7,397(2)	D
Class B Common Stock, par value $.01 per share	09/07/2026		F		827(3)	D	$2.97	6,570(2)	D
Class B Common Stock, par value $.01 per share								23,450(4)	I	By 401(k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	09/07/2026		M			2,000	(5)	(5)	Class B Common Stock	2,000	$0	2,000	D

Explanation of Responses:

1. Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis.

2. Consists of shares issued upon the vesting of DSUs.

3. Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.

4. As of September 29, 2027.

5. On January 21, 2025, the Reporting Person was granted 6,000 DSUs. Each DSU represents the right to receive between 1/3 of a share and 3 shares of the Issuer's Class B common stock. 2,000 of the DSUs vested on September 8, 2025, and an additional 2,000 vested on September 7, 2026. The remaining 2,000 DSUs are scheduled to vest on September 6, 2027. The number of shares issued for each DSU vested depends on the market price for the Class B common stock as of the relevant vesting date. For the September 7, 2026 vesting, the market price was $2.97, between $2.76 (the grant price) and $3.99; therefore, 2,000 shares were issued on September 7, 2026 for the 2,000 DSUs that vested that day, based on the applicable distinct market price band.

	Joyce J. Mason, by Power of Attorney	09/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)