Shah Vivek 4

What Happened

• Vivek Shah, CEO of Ziff Davis, was granted 122,790 restricted stock units (RSUs) on March 11, 2026. The award is recorded at $0.00 per share (no purchase price); these RSUs are derivative awards that convert into common stock on a one-for-one basis upon vesting. This is an equity compensation grant (transaction code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-11; Filing date (Form 4): 2026-03-13 (filed within the required reporting window).
• Award size: 122,790 RSUs; grant price: $0.00 (no cash paid).
• Vesting: Three equal annual installments beginning on the first anniversary of the grant (i.e., roughly one-third vests each year starting 2027). RSUs have no expiration.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notes: RSUs convert 1:1 into common shares when they vest. This is an executive compensation grant (derivative award), not a sale or purchase of shares.

Context

• RSU grants are a common form of executive compensation; they represent the right to receive company stock in the future if vesting conditions are met. Because no shares were sold or purchased on the open market, this filing does not reflect a near‑term change in the CEO’s liquid holdings.