Banzai International CEO Purchases Class B Shares

What Happened

• Banzai International, Inc. (PARA) filed a Form 8-K disclosing that on September 25, 2026 the company entered into a Subscription Agreement with CEO and Chairman Joseph Davy. Under the agreement Mr. Davy purchased 115,965 shares of the company’s Class B Common Stock for an aggregate $81,176, paid in cash. The per-share price was $0.70, equal to the consolidated closing bid price of the company’s Class A Common Stock on the Nasdaq immediately before the agreement.
• The filing notes that, following the purchase, Mr. Davy maintains a 25.6% voting interest in the company’s voting securities. The Subscription Agreement is filed as Exhibit 10.1 to the 8-K.

Key Details

• Buyer: Joseph Davy, CEO and Chairman.
• Date of transaction: September 25, 2026.
• Shares purchased: 115,965 Class B Common Stock.
• Price: $0.70 per share; total $81,176; payment in cash.
• Post-transaction voting interest: 25.6%.
• Related filing items: Item 1.01 (Material Definitive Agreement) and Item 3.02 (Unregistered Sales of Equity Securities); Subscription Agreement attached as Exhibit 10.1.

Why It Matters

• This is a small, insider-funded equity purchase disclosed under SEC rules. It documents a transaction that affects insider ownership and voting control (25.6% reported).
• For investors, the filing provides transparency about insider activity and company capitalization; the transaction was executed at the market-linked price and is formally recorded in the company’s public filings.