Zeta Global (ZETA) CAO Ravella Satish Exercises Options, Gifts Shares

What Happened Ravella Satish, Chief Accounting Officer of Zeta Global Holdings Corp. (ZETA), exercised stock options and completed related share transfers in mid‑August 2026. On 2026-08-12 she exercised options resulting in the acquisition of 6,250 shares at $12.56 per share (total cost ≈ $78,500). That same day 4,329 shares were withheld/disposed to satisfy option exercise costs and tax withholding (4,329 shares × $28.55 = $123,593). On 2026-08-14 she disposed of (gifted) 25,848 shares (reported at $0.00).

Key Details

• Transaction dates and prices:
  • 2026-08-12: Exercise (code M) — acquired 6,250 shares at $12.56 ($78,500).
  • 2026-08-12: Tax/withholding (code F) — 4,329 shares withheld at $28.55 ($123,593).
  • 2026-08-12: Exercise/conversion (code M) — 6,250 shares reported as derivative disposition @ $0.00 (administrative reporting of option conversion).
  • 2026-08-14: Gift (code G) — 25,848 shares disposed @ $0.00.
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: Withholding of shares to satisfy option exercise costs and withholding taxes.
  • F2: A transfer to a trust managed by an independent trustee for estate/tax planning and to satisfy future withholding obligations.
  • F3: Option vesting schedule: 25% on first anniversary, remainder in 12 equal quarterly installments.
• Filing: Form 4 filed 2026-08-14 reporting activity on 2026-08-12; not flagged as late in the materials provided.

Context

• The exercise plus share‑withholding indicates a common cashless/partially cashless option exercise: options were exercised and a portion of the shares was withheld/sold to cover exercise costs and taxes. That is generally administrative and not necessarily a directional market signal.
• The 25,848‑share transfer was reported as a gift/transfer to a trust per the footnote; gifts or transfers to trusts are estate/tax planning moves and do not directly indicate buying or selling sentiment.
• These transactions involve option exercises and internal tax/estate planning steps rather than open‑market purchases; purchases typically carry more immediate bullish signal for retail investors.