Ravella Satish 4
4 · Zeta Global Holdings Corp. · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Zeta Global (ZETA) CAO Ravella Satish Exercises Stock Options
What Happened
- Ravella Satish, Chief Accounting Officer of Zeta Global Holdings Corp. (ZETA), exercised 25,000 stock options on 2026-06-02 at an exercise price of $12.56, resulting in an aggregate cost of $314,000. To cover exercise costs and withholding taxes, 17,302 of the resulting shares were withheld (valued at $25.25 per share, ~$436,876). A separate line in the filing records the conversion/disposition of the underlying derivative instrument. On 2026-06-04, 7,968 shares were transferred as a gift (no cash consideration).
Key Details
- Transaction dates and prices:
- 2026-06-02: Exercised options — 25,000 shares acquired @ $12.56 (total $314,000).
- 2026-06-02: Withholding to satisfy taxes/option costs — 17,302 shares disposed @ $25.25 (value reported $436,876).
- 2026-06-02: Derivative conversion reported — 25,000 units disposed @ $0.00 (represents conversion of the option instrument).
- 2026-06-04: Gift — 7,968 shares disposed @ $0.00 (no cash proceeds).
- Shares owned after the transactions: Not specified in the excerpt provided.
- Relevant footnotes from the filing:
- F1: Withholding of shares used to satisfy option exercise costs and taxes.
- F2: Transfer to a trust managed by an independent trustee for estate/tax planning and to satisfy future withholding on restricted awards.
- F3: Option vesting schedule: 25% on first anniversary of grant, then quarterly vesting thereafter.
- Filing timeliness: Form 4 was filed on 2026-06-04 for transactions dated 2026-06-02 — appears timely (within the Form 4 two-business-day requirement).
Context
- This was essentially a cashless exercise: the option was exercised to create shares, and a portion of those shares were withheld to cover exercise costs and tax withholding. That withholding is routine and does not, by itself, indicate a negative view of the stock.
- The 7,968-share gift and the transfer to a trust are typically estate/tax planning moves and are not direct market purchases or sales that signal insider sentiment.
- The filing documents option vesting terms (F3); no indication in the provided data that this was part of a 10% owner transaction or a 10b5-1 sale plan.
Insider Transaction Report
Form 4
Ravella Satish
Chief Accounting Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2026-06-02$12.56/sh+25,000$314,000→ 206,515 total - Tax Payment
Class A Common Stock
[F1]2026-06-02$25.25/sh−17,302$436,876→ 189,213 total - Gift
Class A Common Stock
[F2]2026-06-04−7,968→ 181,245 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F3]2026-06-02−25,000→ 75,000 totalExercise: $12.56Exp: 2035-04-24→ Class A Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Withholding of shares in satisfaction of option exercise costs and withholding taxes due upon the exercise of certain employee stock options.
- [F2]Represents a transfer to a trust managed by an independent trustee that was established for trust, estate and tax planning purposes and will also be used to satisfy any tax withholding obligations arising from the vesting of certain restricted stock awards.
- [F3]The option vests with respect to 25% of the subject shares on the first anniversary of the grant date. The remainder of the shares vest in twelve equal quarterly installments following the first anniversary of the grant date.
Signature
/s/ Steven Vine, Attorney-In-Fact|2026-06-04