RICHTER BRET 4
Research Summary
AI-generated summary
Ziff Davis CFO Bret Richter Receives 42,977 RSU Award
What Happened
- Bret Richter, CFO of Ziff Davis, was granted 42,977 restricted stock units (RSUs) on March 11, 2026. The award is reported as a derivative grant with an acquisition price of $0.00 (i.e., no cash purchase).
- This is a compensation-style grant (an award), not an open-market purchase or sale.
Key Details
- Transaction date: March 11, 2026; Form 4 filed March 13, 2026 (appears within the typical two-business-day reporting window).
- Award size: 42,977 RSUs; reported price: $0.00 (derivative grant).
- Shares owned after the transaction: not disclosed in this filing.
- Footnotes: (1) RSUs convert to common stock one-for-one. (2) The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date; RSUs have no expiration date.
- No 10b5-1 plan, tax-withholding sale, or immediate sale of underlying shares is indicated in this filing.
Context
- RSU grants are common executive compensation and do not represent an immediate purchase or sale; they signal compensation alignment with shareholders rather than a direct market bet.
- Upon vesting, each RSU will convert into one share of common stock; any future sale or disposition would be reported in subsequent filings.