Director at Zeta Global (NYSE: ZETA) granted 7,197 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Zeta Global Holdings Corp. director Royan William T. received an equity award of 7,197 shares of Class A Common Stock. This represents a grant of restricted stock at no cash cost, increasing his direct holdings to 83,267 shares after the transaction.
The restricted stock vests in four equal installments on July 1, 2027, October 1, 2027, January 1, 2028 and April 1, 2028, meaning he earns the shares over time. His reported holdings include 5,230 shares acquired in a prior in-kind distribution received for no consideration under Rule 16a-9.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Royan William T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,197 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 83,267 shares (Direct, null)
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. Includes 5,230 shares of Class A Common Stock acquired in a distribution in-kind received by the Reporting Person for no consideration subsequent to the Reporting Person's most recent Section 16 filing, which was exempt under Rule 16a-9.
Key Figures
Restricted stock award: 7,197 shares
Post-transaction holdings: 83,267 shares
Award price per share: $0.0000 per share
+3 more
6 metrics
Restricted stock award
7,197 shares
Class A Common Stock granted as equity award
Post-transaction holdings
83,267 shares
Direct Class A Common Stock after award
Award price per share
$0.0000 per share
Equity grant, no cash consideration
In-kind distribution shares
5,230 shares
Previously received for no consideration under Rule 16a-9
First vesting date
July 1, 2027
First of four equal vesting installments
Final vesting date
April 1, 2028
Last of four equal vesting installments
Key Terms
restricted stock, distribution in-kind, Rule 16a-9, Section 16, +1 more
5 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.
distribution in-kind financial
"Includes 5,230 shares of Class A Common Stock acquired in a distribution in-kind"
Rule 16a-9 regulatory
"which was exempt under Rule 16a-9"
Section 16 regulatory
"subsequent to the Reporting Person's most recent Section 16 filing"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
beneficial ownership financial
"received by the Reporting Person for no consideration subsequent to the Reporting Person's most recent Section 16 filing"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What transaction did ZETA director Royan William T. report on this Form 4?
Royan William T. reported receiving 7,197 shares of Zeta Global Class A Common Stock as an equity award. The shares were granted at no cash cost and classified as restricted stock, adding to his existing direct ownership position in the company.
Was this ZETA Form 4 transaction an open-market stock purchase?
No, this was not an open-market purchase. The filing describes the transaction as a grant or award acquisition of 7,197 restricted shares at a price of $0.0000 per share, indicating equity compensation rather than a market trade executed at prevailing stock prices.
Does this ZETA Form 4 mention any remaining derivative positions for the director?
The filing’s derivative summary is empty, indicating no derivative securities like options or warrants are reported as part of this specific Form 4. The disclosure focuses solely on the non-derivative Class A Common Stock award and resulting direct share ownership.