How many restricted share units does the ZGN CFO hold and when do they vest?

The CFO holds 15,600 restricted share units in Ermenegildo Zegna N.V. These units were awarded under the 2022–2025 long-term incentive plan and are scheduled to vest in May 2026, with one ordinary share delivered for each vested unit.

Are there any recent share purchases or sales in the ZGN CFO’s Form 3?

The Form 3 does not report any recent open‑market share purchases or sales. Instead, it provides a snapshot of existing holdings, including 34,616 ordinary shares and 15,600 restricted share units that may convert to shares upon vesting in May 2026.

Zegna (ZGN) CFO discloses 34,616 shares and 15,600 RSUs in Form 3

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Ermenegildo Zegna N.V. Group Chief Financial Officer Gian Franco Santhia filed an initial statement of beneficial ownership. The filing shows direct ownership of 34,616 ordinary shares and 15,600 restricted share units granted under the company’s 2022–2025 long-term incentive plan.

The 15,600 restricted share units are scheduled to vest in May 2026, at which point one ordinary share will be delivered for each unit. This Form 3 does not report any recent open‑market purchases or sales, only the positions he currently holds.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Santhia Gian Franco

Role Group Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Restricted Share Units	--	--	--
holding	Ordinary Shares, nominal value Euro 0.02 per share	--	--	--

Holdings After Transaction: Restricted Share Units — 15,600 shares (Direct); Ordinary Shares, nominal value Euro 0.02 per share — 34,616 shares (Direct)

Footnotes (1)

F1. Restricted Share Units ("RSUs") were assigned as part of the Long-Term Incentive Awards 2022-2025. RSU awards will vest in May 2026. Upon vesting, one ordinary share is assigned for each RSU.

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Accepted by SEC EDGAR 03/18/2026 - 06:15 AM

FAQ

What does the Gian Franco Santhia Form 3 filing show for ZGN?

The Form 3 reports Gian Franco Santhia’s initial ownership in Ermenegildo Zegna N.V. It lists 34,616 ordinary shares held directly and 15,600 restricted share units tied to the 2022–2025 long-term incentive plan, giving investors visibility into his current equity position.

How many Ermenegildo Zegna (ZGN) shares does the CFO directly own?

The Group Chief Financial Officer directly owns 34,616 ordinary shares of Ermenegildo Zegna N.V. These ordinary shares represent his current direct equity stake, separate from any restricted share units that may convert into additional shares in the future upon vesting.

What is the relationship between the ZGN CFO’s RSUs and ordinary shares?

Each restricted share unit will convert into one ordinary share when it vests. The CFO currently holds 15,600 RSUs linked to Ermenegildo Zegna ordinary shares, which are scheduled to vest in May 2026 under the 2022–2025 long-term incentive awards.

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Santhia Gian Franco

(Last)

(First)

(Middle)

C/O ERMENEGILDO ZEGNA N.V.

VIALE ROMA 99/100

(Street)

VALDILANA LOC. TRIVERO

13835

(City)

(State)

(Zip)

ITALY

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Ermenegildo Zegna N.V. [ ZGN ]

3a. Foreign Trading Symbol

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

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Group Chief Financial Officer

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

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

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, nominal value Euro 0.02 per share	34,616	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Restricted Share Units	⁽¹⁾	⁽¹⁾	Ordinary Shares, nominal value Euro 0.02 per share	15,600	⁽¹⁾	D

Explanation of Responses:

1. Restricted Share Units ("RSUs") were assigned as part of the Long-Term Incentive Awards 2022-2025. RSU awards will vest in May 2026. Upon vesting, one ordinary share is assigned for each RSU.

Remarks:

Exhibit List: Exhibit 24.1 - Power of Attorney

	/s/ Delphine Carole Gieux, attorney-in-fact	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

Source: View Original Filing on SEC EDGAR