[Form 4] Zeta Global Holdings Corp. Insider Trading Activity
Rhea-AI Filing Summary
Zeta Global Holdings Corp. Chief Executive Officer and 10% owner David A. Steinberg reported several internal transfers of Zeta Class A and Class B common stock among entities and trusts he is associated with. The reported transactions, coded as transfers at a price of $0 per share, include movements of Class A shares involving ACI Investment Partners, family trusts, and his spouse, as well as changes in derivative positions linked to Class B shares held through ACI, family trusts, a charitable annuity trust, IAC Investment Company IX, CAIVIS Acquisition Corp. II, and his spouse. The filing notes that one transfer was made to a trust managed by an independent trustee for trust, estate and tax planning purposes and to cover tax withholding from restricted stock vesting, and explains that Class B common stock is convertible into Class A common stock on a one-to-one basis, subject to specified conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 683,367 | $0.00 | -- |
| Gift | Class A Common Stock | 13,212 | $0.00 | -- |
| Gift | Class B Common Stock | 8,455 | $0.00 | -- |
| Gift | Class B Common Stock | 8,455 | $0.00 | -- |
| Gift | Class B Common Stock | 32,222 | $0.00 | -- |
| Gift | Class A Common Stock | 2,304 | $0.00 | -- |
| Gift | Class A Common Stock | 1,280 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents a transfer to a trust managed by an independent trustee that was established for trust, estate and tax planning purposes and will also be used to satisfy any tax withholding obligations arising from the vesting of certain restricted stock awards. Securities held directly by ACI Investment Partners, LLC ("ACI"). Mr. Steinberg is the managing member of ACI. Mr. Steinberg disclaims beneficial ownership of the shares held directly by ACI except to the extent of his pecuniary interest therein, if any. Share balance includes stock purchased under an Employee Stock Purchase Plan (ESPP) not previously reported. The Class B common stock is convertible at any time at the option of the holder into Class A common stock on a one-to-one basis, and will convert automatically into Class A common stock on a one-to-one basis upon the earliest to occur of: (1) the first date on which the voting power of all then-outstanding shares of Class B Common Stock representing less than 10% of the combined voting power of all then-outstanding shares of Common Stock and (2) the date of the death or Disability (as defined in the Issuer's amended and restated certificate of incorporation) of Mr. Steinberg, and (b) upon the date specified by the holders of at least a majority of the then outstanding shares of Class B common stock, voting as a separate class. Mr. Steinberg is co-trustee of each family trust and as a result may be deemed to share beneficial ownership of the securities held of record by each trust to the extent of his pecuniary interest therein, if any. Securities held directly by IAC Investment Company IX, LLC ("IAC"). Mr. Steinberg is the managing member of IAC. Mr. Steinberg disclaims beneficial ownership of the shares held directly by IAC except to the extent of his pecuniary interest therein, if any. Securities held direcly by CAIVIS, which is a wholly owned subsidiary of CAIVIS Investment Company V, LLC, of which Mr. Steinberg is the majority shareholder.
