Form 4: Zedge Director Gregory Suess Acquires Shares

Zedge, Inc. Director Gregory Suess acquired 12,027 shares of Class B Common Stock through a restricted stock grant, increasing his beneficial ownership to 72,283 shares.

Summary

• Gregory Suess, a Director of Zedge, Inc., acquired 12,027 shares of the company's Class B Common Stock on January 5, 2026.
• The acquisition was a grant of restricted stock that vested in full immediately.
• The shares were valued at $2.91 per share, which represents the average closing price of the company's Class B common stock during December 2025.
• Following this transaction, Gregory Suess beneficially owns a total of 72,283 shares of Class B Common Stock.
• This total beneficial ownership consists of 60,100 fully vested shares of Restricted Stock and 12,183 shares held directly.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, especially through a grant that vests immediately, generally indicates management's confidence in the company's future performance.

Positives

• A director, Gregory Suess, increased his beneficial ownership in Zedge, Inc. by acquiring 12,027 shares of Class B Common Stock.
• The restricted stock grant vested immediately, providing the director with full ownership of the shares without a future vesting schedule, which can signal confidence.

Future Outlook

NA

Industry Context

This filing reports an individual insider transaction and does not directly relate to broader industry trends, though it reflects internal confidence within the company.

Related Party Transactions

• The grant of restricted stock to Gregory Suess, a director, is a related party transaction as part of his compensation package.

Stakeholder Impact

• Shareholders may view the director's increased stake as a positive signal of confidence in the company's future prospects.

Key Dates

Recommendation

While a director's acquisition of shares through a restricted stock grant can be seen as a positive signal of confidence, this Form 4 filing primarily reports a routine compensation event. It does not provide sufficient new information to warrant a change from a 'hold' recommendation, which would typically require more substantial financial or strategic updates.

Keywords

Zedge, ZDGE, Gregory Suess, Director, Stock Acquisition, Restricted Stock, Insider Transaction, Form 4, Beneficial Ownership