Restricted stock grant lifts Zeta (NYSE: ZETA) director’s stake to 611,772
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NIEHAUS ROBERT H reported acquisition or exercise transactions in this Form 4 filing.
Zeta Global Holdings Corp. director Robert H. Niehaus reported receiving an award of 7,197 shares of common stock as restricted stock, at no cash cost. These shares vest in four equal installments on July 1, 2027, October 1, 2027, January 1, 2028, and April 1, 2028. Following this grant, he directly holds 611,772 shares of Zeta common stock. The filing also notes that he has no pecuniary interest in shares held by the Robert and Kate Niehaus Foundation and will no longer report those foundation shares as beneficially owned under Rule 16a-1(a)(2).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NIEHAUS ROBERT H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 7,197 | $0.00 | -- |
Holdings After Transaction:
Common stock — 611,772 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock, which vests in four equal installments on July 1, 2027, October 1, 2027, January 1, 2028, and April 1, 2028. The reporting person has no pecuniary interest in shares held by the Robert and Kate Niehaus Foundation. The reporting person's involvement with the foundation is limited to voting power in his capacity as a manager. Therefore, he will no longer report these shares under Section16 as he is not the beneficial owner within the meaning of Rule 16a-1(a)(2).
Key Figures
Restricted stock award: 7,197 shares
Grant price: $0.0000 per share
Post-transaction holdings: 611,772 shares
+2 more
5 metrics
Restricted stock award
7,197 shares
Grant of common stock on July 1, 2026
Grant price
$0.0000 per share
Restricted stock award compensation, not cash purchase
Post-transaction holdings
611,772 shares
Direct ownership after July 1, 2026 grant
Vesting schedule start
July 1, 2027
First vesting date for restricted stock
Final vesting date
April 1, 2028
Last of four equal vesting installments
Key Terms
restricted stock, pecuniary interest, beneficial owner, Rule 16a-1(a)(2)
4 terms
restricted stock financial
"Represents an award of restricted stock, which vests in four equal installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
pecuniary interest financial
"The reporting person has no pecuniary interest in shares held by the Robert and Kate Niehaus Foundation."
beneficial owner financial
"he is not the beneficial owner within the meaning of Rule 16a-1(a)(2)."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
Rule 16a-1(a)(2) regulatory
"not the beneficial owner within the meaning of Rule 16a-1(a)(2)."
FAQ
What insider transaction did Zeta Global (ZETA) director Robert Niehaus report?
Director Robert H. Niehaus reported an acquisition of 7,197 shares of Zeta Global common stock as a restricted stock award. The grant carried a $0.0000 per-share price, indicating it was compensation-related rather than a market purchase for cash.
How does the restricted stock for Zeta Global (ZETA) director vest?
The 7,197-share restricted stock award vests in four equal installments. Vesting dates are July 1, 2027, October 1, 2027, January 1, 2028, and April 1, 2028, meaning the award becomes fully vested over this staged schedule.
Was cash paid for the Zeta Global (ZETA) restricted stock grant?
No cash was paid for the award. The Form 4 shows a transaction price per share of $0.0000 for the 7,197 restricted shares, indicating the award represents equity compensation rather than a market purchase for consideration.