Ray Neville R 4
Research Summary
AI-generated summary
Ziff Davis (ZD) Director Ray Neville Exercises Options
What Happened
- Ray Neville, a director of Ziff Davis, exercised stock options on May 7, 2026, acquiring 7,903 shares at a strike price of $43.31 per share for a total cash cost of $342,279. The filing also reports a grant of 5,723 restricted stock units (RSUs) on May 6, 2026 under the issuer's 2024 Equity Incentive Plan.
Key Details
- Transactions:
- 2026-05-07: Exercise/conversion of derivative — 7,903 shares acquired at $43.31/sh ($342,279).
- 2026-05-06: Grant/award — 5,723 RSUs awarded at $0 (no cash price).
- 2025-05-07: Filing also lists a 2025 derivative disposition of 7,903 shares at $0 (shown as a derivative entry in the record).
- Shares owned after the transactions: not disclosed in this filing.
- Footnotes: F1 — RSUs have no expiration dates; F2 — RSUs were awarded under the Issuer's 2024 Equity Incentive Plan.
- Filing timeliness: Reported on 2026-05-08 for transactions dated 2026-05-06 and 2026-05-07; appears to be filed promptly.
Context
- The May 7 entry is an option exercise (a purchase of shares by paying the option strike). The RSU award is a grant of restricted stock units (future/vesting shares) and carries no expiration per the filing. The record also includes a prior 2025 derivative line at $0; the filing presents that as a derivative disposition. The filing does not show any immediate sale of shares following the exercise.