Zeta Global CFO converts awards into 199,155 shares
The reported PSU awards reflect separate performance determinations, with staggered vesting, tax withholding, and issuer cash settlement.
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Rhea-AI Filing Summary
Zeta Global Holdings Corp. Chief Financial Officer Christopher E. Greiner reported conversion of PSUs into 199,155 Class A common shares on October 22, 2026. Separately, 26,123 shares were withheld for taxes at $33.52 per share; the issuer cash-settled PSUs corresponding to 40,261 shares at the same reported price. The 2024 PSUs met performance conditions at the maximum level: 33.33% vested that day, with the remainder vesting quarterly subject to continued service. The 2022 and 2023 PSUs vest in three equal annual installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance-Based Restricted Stock Units F6, F2, F7 | 112,882 | $0.00 | $0.00 |
| Exercise | Performance-Based Restricted Stock Units F6, F2, F7 | 33,092 | $0.00 | $0.00 |
| Exercise | Performance-Based Restricted Stock Units F6, F1, F8 | 53,181 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1, F2, F3 | 199,155 | $0.00 | $0.00 |
| Tax Withholding | Class A Common Stock F4 | 26,123 | $33.52 | $876K |
| Disposition | Class A Common Stock F5 | 40,261 | $33.52 | $1.35M |
Footnotes (8)
- F1. On April 3, 2024, the reporting person was granted an award of performance-based restricted stock units (the "2024 PSUs"), which are eligible to be earned in the form of restricted stock units based on the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter beginning with the fourth fiscal quarter of 2024 and ending with, and including, the fourth fiscal quarter of 2028. Any unearned portion of the PSUs will expire on January 1, 2029. On October 22, 2026, the Issuer determined that the performance conditions were met at the maximum level with respect to the 2024 PSUs, resulting in these securities being earned, with 33.33% of such securities vesting on such date of determination and the remainder vesting in equal installments every three months thereafter, subject to the reporting person's continued service with the Issuer through each applicable vesting date.
- F2. On each of February 23, 2022 and April 21, 2023, the reporting person was granted an award of performance-based restricted stock units (respectively, the "2022 PSUs" and the "2023 PSUs" and, collectively with the 2024 PSUs, the "PSUs"), which are eligible to be earned in the form of restricted stock units based on the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter. On October 22, 2026, the Issuer determined that the performance conditions exceeded the prior earned level with respect to the 2022 PSUs and 2023 PSUs, resulting in these securities being earned, which securities vest three equal annual installments beginning on such date of determination.
- F3. Share balance includes stock purchased under an Employee Stock Purchase Plan (ESPP) not previously reported.
- F4. Withholding of shares in satisfaction of taxes due upon the vesting of PSUs under the Issuer's Incentive Award Plan.
- F5. Pursuant to the PSU award agreements and the Issuer's Incentive Award Plan, the Issuer elected to cash settle the earned PSUs that vest on October 22, 2026.
- F6. Each PSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F7. Additional PSUs may be earned based upon the volume-weighted average closing price per share of the Issuer's Class A Common Stock during the final 20 consecutive trading days of each fiscal quarter ending with, and including, the fourth fiscal quarter of (i) 2026, with respect to the 2022 PSUs, and (ii) 2027, with respect to the 2023 PSUs. To the extent earned, the 2022 PSUs and 2023 PSUs vest in three equal annual installments, with the first installment vesting on the date the Issuer determines the number of PSUs that are eligible to vest for such quarter, and the second and third installments vesting on the first and second anniversaries of such determination date, subject to the reporting person's continued service with the Issuer through each applicable vesting date. Any unearnd PSUs will expire on January 1 of the fifth year following the grant date.
- F8. As the performance conditions were met at the maximum level with respect to the 2024 PSUs, no additional 2024 PSUs may be earned.
Key Figures
Key Terms
performance-based restricted stock units financial
cash settle financial
FAQ
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How were Christopher E. Greiner's 2024 ZETA PSUs measured?
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