McDonald Kirk P 4

What Happened
Kirk P. McDonald, a director of Ziff Davis, exercised stock-derived awards (code M) to acquire 7,903 shares at an exercise price of $43.31 on May 7, 2026, for a cash outlay of $342,279. The filing also reports a grant of 5,723 restricted stock units (RSUs) on May 6, 2026 (no cash value). The report includes an earlier 2025 entry showing 7,903 derivative shares disposed at $0; the filing provides no additional detail on that 2025 entry.

Key Details

• Primary transactions reported:
  • 2026-05-07: Option exercise (M) — 7,903 shares acquired at $43.31 each; total cash = $342,279.
  • 2026-05-06: RSU grant (A) — 5,723 RSUs awarded; $0 reported value (derivative).
  • 2025-05-07: Derivative entry showing 7,903 shares disposed at $0 (no further detail in this filing).
• Shares owned after these transactions: not specified in the provided filing.
• Footnotes: F1 — RSUs have no expiration dates. F2 — RSUs awarded under the Issuer’s 2024 Equity Incentive Plan.
• Filing/timeliness: Report filed May 8, 2026 for transactions dated May 6–7, 2026; no late filing flag indicated.

Context

• Code M denotes exercise or conversion of a derivative (e.g., stock option or similar). Here, McDonald paid the stated exercise price to acquire common shares (a purchase-like action). No immediate sale of the newly acquired shares is reported in the filing.
• RSU grants are compensatory awards and do not require a cash outlay; they vest per plan terms and carry no expiration per the footnote.
• The 2025 line showing disposal at $0 is included but not explained in this Form 4; it may reflect a prior conversion or internal reclassification — the filing does not provide further context.