ROSSEN JEREMY 4/A
Research Summary
AI-generated summary
Ziff Davis EVP Jeremy Rossen Withholds 570 Shares for Taxes
What Happened Jeremy Rossen, EVP and General Counsel of Ziff Davis, had 1,385 restricted stock units (RSUs) convert into common stock on March 3, 2026. Of those shares, 570 were withheld to satisfy tax withholding obligations at a per-share value of $41.48, totaling $23,644. The net result was 815 shares issued to Rossen (1,385 vested minus 570 withheld).
Key Details
- Transaction date: March 3, 2026 (Form 4/A correcting previously reported 03/03/2025 clerical error).
- Actions reported: conversion/vesting of 1,385 RSUs (transaction code M) and withholding of 570 shares to pay taxes (code F).
- Withholding price and amount: $41.48 per share; 570 shares withheld = $23,644.
- Net shares delivered to insider: 815 shares (1,385 − 570). At $41.48/share that equals roughly $33,806 in market value (calculated from the filing price).
- Holdings note: Some shares are held by The Jeremy and Gina Rossen Family Trust (Reporting Person and spouse are trustees; children are beneficiaries).
- Footnotes: RSUs convert one-for-one into common stock and have no expiration; withholding was done to cover tax liability.
- Filing status: This is an amendment correcting the transaction date; not an indication of new trading intent.
Context This was a routine vesting and tax-withholding event, not an open-market purchase or discretionary sale. Withholding shares to cover taxes is a common administrative action and does not by itself indicate insider market sentiment. The filing clarifies the correct transaction date; quantities reported reflect holdings as of March 3, 2026.