[Form 4] Banzai International, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Banzai International director and 10% owner Joseph P. Davy reported multiple sales of Class A common stock executed on 09/11/2025. The Form 4 shows six separate sale transactions totaling 25,490 shares at prices ranging from $2.35 to $2.4693. The filing lists the post-transaction beneficial ownership for each reported line, for example 14,778 shares after one sale and smaller holdings reported on other lines. The Form 4 was signed by Mr. Davy on 10/03/2025. The disclosure documents these insider dispositions but does not state a reason for the sales.

Positive

• None.

Negative

• Insider sales of 25,490 shares executed on 09/11/2025
• Sales executed at prices between $2.35 and $2.4693
• Transactions by a director and 10% owner, a holder class investors monitor closely

Insights

Corporate Governance Analyst

Insider sales disclosed: director sold 25,490 Class A shares on 09/11/2025.

These sales are material as they come from a director and 10% owner, which investors often track for signals about insider sentiment.

The filing provides specific execution prices between $2.35 and $2.4693 and lists post-sale beneficial ownership levels; no reason or planned disposition schedule is provided in the document.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Davy Joseph P.

(Last) (First) (Middle)

435 ERICKSEN AVE NE, SUITE 250

(Street)

BAINBRIDGE ISLAND, WA 98110

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Banzai International, Inc. [ BNZI ]

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

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO & Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2024

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

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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	09/11/2025		S		10,717	D	$2.35	14,778	D
Class A Common Stock	09/11/2025		S		4,283	D	$2.3632	10,495	D
Class A Common Stock	09/11/2025		S		2,990	D	$2.4501	7,505	D
Class A Common Stock	09/11/2025		S		2,500	D	$2.4475	5,005	D
Class A Common Stock	09/11/2025		S		2,500	D	$2.4501	2,505	D
Class A Common Stock	09/11/2025		S		2,500	D	$2.4693	5	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Joseph P. Davy	10/03/2025
	** 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 4 (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.

FAQ

What did BNZI insider Joseph P. Davy report on Form 4?

Mr. Davy reported six sales of Class A common stock on 09/11/2025 totaling 25,490 shares at prices between $2.35 and $2.4693.

How many shares did the insider hold after the reported transactions?

The Form 4 shows post-transaction beneficial ownership amounts on each line, including 14,778 shares after one sale and other smaller holdings listed per line.

When was the Form 4 signed and filed?

The signature block shows the form was signed by Joseph P. Davy on 10/03/2025.

What prices were the shares sold at in the reported transactions?

Reported sale prices range from $2.35 to $2.4693 across the six transactions.

Does the Form 4 state why the insider sold the shares?

No. The filing lists the transactions, amounts, and prices but does not provide a reason for the sales.