RICHTER BRET 4
Research Summary
AI-generated summary
Ziff Davis (ZD) CFO Bret Richter Sells 18,000 Shares
What Happened
Bret Richter, Chief Financial Officer of Ziff Davis, sold 18,000 shares of company stock in an open-market transaction on June 10, 2026. The reported average sale price was $46.88 per share (total proceeds about $843,840). The filing classifies the trades as sales (S).
Key Details
- Transaction date: June 10, 2026; Form 4 filed June 11, 2026 (timely filing).
- Price: reported average $46.88; footnote states sales ranged from $46.85 to $47.01 and the insider will provide per-price share counts on request.
- Shares disposed: 18,000 shares (open-market sale).
- Shares owned after transaction: Not specified in the information provided in this summary—see the Form 4 for post-transaction holdings.
- Notable footnote: F1 notes the average price and offers to supply the number of shares sold at each specific price if requested by the SEC, the issuer, or a security holder.
- Transaction type: S = Sale (no 10b5-1 plan or other special arrangement was disclosed in the provided data).
Context
This was a sale of existing shares rather than a purchase, grant, or option exercise. Sales by executives are common and can reflect routine diversification or liquidity needs; the filing does not state a reason.