Michael C. Jonas - 08 Sep 2025 Form 4 Insider Report for Zedge, Inc. (ZDGE)

Role
Executive Chairman, Director, 10%+ Owner
Signature
Joyce J Mason, by Power of Attorney
Issuer symbol
ZDGE
Transactions as of
08 Sep 2025
Transactions value $
$0
Form type
4
Filing time
10 Sep 2025, 15:21:35 UTC
Previous filing
23 Jan 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
JONAS MICHAEL C Executive Chairman, Director, 10%+ Owner C/O ZEDGE, INC., 1178 BROADWAY, SUITE 1450, 3RD FLOOR, NEW YORK Joyce J Mason, by Power of Attorney 10 Sep 2025 0001607914

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ZDGE Class B Common Stock, par value $.01 per share Options Exercise +4.23K +0.28% 1.52M 08 Sep 2025 Direct F1, F2
holding ZDGE Class A Common Stock, per value $.01 per share 525K 08 Sep 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ZDGE Deferred Stock Units Options Exercise $0 -4.23K -100% $0.00 0 08 Sep 2025 Class B Common Stock 4.23K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Deferred Stock Units, or DSUs, convert into shares of Class B Common Stock on a one-for-one basis.
F2 Includes 69,600 vested restricted shares; 77,472 unvested restricted shares, 38,736 shares of which shall vest on each of February 9, 2026, and February 8, 2027; and 12,933 shares issued upon the vesting of deferred stock units ("DSUs").
F3 On January 21, 2025, the Reporting Person was granted 12,700 DSUs. Each DSU represents the right to receive between 1/3 of a share and 3 shares of the Issuer's Class B common stock. Vesting of the DSUs is as follows: 4,233 on each of September 8, 2025 and September 7, 2026; and 4,234 on September 6, 2027. The number of shares issued for each DSU vested depends on the market price for the Class B common stock as of the relevant vesting date. For the September 8, 2025 vesting, the market price was $3.08, between $2.76 (the grant price) and $3.99; therefore, 4,233 shares were issued on September 8, 2025 for the 4,233 DSUs that vested that day, based on the applicable distinct market price band.