Ziff Davis Board & Executive Compensation Changes Announced
Ticker: ZD · Form: 8-K · Filed: Nov 26, 2024 · CIK: 1084048
| Field | Detail |
|---|---|
| Company | Ziff Davis, Inc. (ZD) |
| Form Type | 8-K |
| Filed Date | Nov 26, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Key Dollar Amounts | $0.01, $400,000, $200,000, $250,000, $500,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Ziff Davis shakes up board, adjusts exec pay - watch for details.
AI Summary
Ziff Davis, Inc. announced on November 22, 2024, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory arrangements for key executives. Specific details on the financial impact of these changes are not provided in this initial report.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty, but the filing does not indicate immediate financial distress.
Key Players & Entities
- ZIFF DAVIS, INC. (company) — Registrant
- November 22, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 360 Park Avenue S, 17th Floor New York, New York 10010 (address) — Principal executive office address
FAQ
What specific roles have been affected by the departure of certain officers?
The filing indicates departures of certain officers but does not specify the exact roles in this section of the report.
Who are the newly elected directors?
The filing mentions the election of directors but does not list their names in this summary section.
What are the details of the compensatory arrangements for certain officers?
The filing notes updates to compensatory arrangements but does not provide specific dollar amounts or terms in this initial report.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated November 22, 2024.
What is Ziff Davis, Inc.'s state of incorporation?
Ziff Davis, Inc. is incorporated in Delaware.
Filing Stats: 1,681 words · 7 min read · ~6 pages · Grade level 12.3 · Accepted 2024-11-26 16:28:34
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value ZD The Nasdaq Stock Market LL
- $400,000 — y will receive an annual base salary of $400,000. During the Employment Period, Ms. Tans
- $200,000 — nnual target bonus opportunity equal to $200,000, subject to the terms and conditions of
- $250,000 — d restricted shares worth approximately $250,000 at the time of grant (the "Equity Award
- $500,000 — ds with an annual target value equal to $500,000. The foregoing description of the ter
Filing Documents
- zd-20241122.htm (8-K) — 37KB
- pressreleasedatednovember2.htm (EX-99.1) — 6KB
- 0001084048-24-000084.txt ( ) — 204KB
- zd-20241122.xsd (EX-101.SCH) — 2KB
- zd-20241122_def.xml (EX-101.DEF) — 15KB
- zd-20241122_lab.xml (EX-101.LAB) — 27KB
- zd-20241122_pre.xml (EX-101.PRE) — 16KB
- zd-20241122_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On November 26, 2024, the Company issued a press release announcing the appointment of Ms. Tansley, as discussed above. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated into this Item 7.01 by reference. T he information in this Item 7.01 of the Current Report (including Exhibit 99.1) shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act or the Exchange Act, except as expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release Dated November 26, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Ziff Davis, Inc. (Registrant) Date: November 26, 2024 By: /s/ Jeremy Rossen Jeremy Rossen Executive Vice President, General Counsel and Secretary