ROSSEN JEREMY 4
4 · ZIFF DAVIS, INC. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
Ziff Davis (ZD) EVP Jeremy Rossen Exercises RSUs; Shares Withheld for Taxes
What Happened Jeremy Rossen, EVP and General Counsel of Ziff Davis (ZD), had a total of 5,110 restricted stock units (RSUs) convert into common shares on March 6 and March 8, 2026. Of those, 1,832 shares were withheld to satisfy tax withholding obligations at $42.32 per share, totaling $77,530. After withholding, Rossen netted 3,278 shares. These transactions reflect RSU vesting/conversion rather than an open-market sale or purchase.
Key Details
- Transaction dates: March 6, 2026 (3,302 RSUs converted; 1,184 shares withheld, $50,107) and March 8, 2026 (1,808 RSUs converted; 648 shares withheld, $27,423).
- Withholding price used: $42.32 per share; total withheld value = $77,530.
- Net new shares received by Rossen: 3,278 (5,110 converted − 1,832 withheld).
- Shares owned after transaction: Not specified in the Form 4; filing notes some shares are held by The Jeremy and Gina Rossen Family Trust (F2).
- Footnotes: F1 = tax withholding by withholding shares on RSU vesting; F3 = RSUs convert 1-for-1 to common stock; F4 = RSUs have no expiration date.
- Timeliness: Form 4 filed March 9, 2026; filing appears timely.
Context These entries reflect RSU vesting/conversion (derivative code M) and subsequent withholding of shares to pay taxes (code F), a routine corporate administration step that is not the same as a discretionary share sale. For retail investors, such withholdings are common and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Exercise/Conversion
Common Stock, $0.01 par value
2026-03-06+3,302→ 21,993 total - Tax Payment
Common Stock, $0.01 par value
[F1]2026-03-06$42.32/sh−1,184$50,107→ 20,809 total - Exercise/Conversion
Common Stock, $0.01 par value
2026-03-08−1,808→ 22,617 total - Tax Payment
Common Stock, $0.01 par value
[F1]2026-03-08$42.32/sh−648$27,423→ 21,969 total - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-03-06−3,302→ 3,302 totalFrom: 2026-03-06→ Common Stock, $0.01 par value (3,302 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-03-08−1,808→ 1,808 totalFrom: 2026-03-08→ Common Stock, $0.01 par value (1,808 underlying)
- 2,000(indirect: See footnote.)
Common Stock, $0.01 par value
[F2]
Footnotes (4)
- [F1]Payment for a tax liability by withholding securities incident to vesting of Restricted Stock Units ("RSUs") under the Issuer's 2015 Stock Option Plan.
- [F2]Reflects shares held by The Jeremy and Gina Rossen Family Trust, of which the Reporting Person and his spouse are trustees and the Reporting Person's children are the beneficiaries.
- [F3]RSUs convert into common stock on a one-for-one basis.
- [F4]There are no expiration dates on RSUs.