JONATHAN REICH - 08 Sep 2025 Form 4 Insider Report for Zedge, Inc. (ZDGE)

Role
CEO & President
Signature
Joyce J Mason, by Power of Attorney
Issuer symbol
ZDGE
Transactions as of
08 Sep 2025
Net transactions value
-$7,179
Form type
4
Filing time
10 Sep 2025, 15:21:04 UTC
Previous filing
23 Jan 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
REICH JONATHAN CEO & President C/O ZEDGE, INC., 1178 BROADWAY, SUITE 1450, 3RD FLOOR, NEW YORK Joyce J Mason, by Power of Attorney 10 Sep 2025 0001196772

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 +6,466 +25% 32,222 08 Sep 2025 Direct F1, F2
transaction ZDGE Class B Common Stock, par value $.01 per share Tax liability $7,179 -2,331 -7.2% $3.08 29,891 08 Sep 2025 Direct F3, F4
holding ZDGE Class B Common Stock, par value $.01 per share 36,202 08 Sep 2025 By 401(k) Plan F5

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 -6,466 -100% $0.000000 0 08 Sep 2025 Class B Common Stock 6,466 Direct F1, F6
* 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 2,176 shares due to the Reporting Person's ownership of IDT Corporation's ("IDT's") Class B Common Stock at the time of the Issuer's spin-off from IDT and 21,231 shares issued upon the vesting of DSUs.
F3 Represents shares withheld by the Issuer for tax purposes upon the vesting of DSUs.
F4 Includes 2,176 shares due to the Reporting Person's ownership of IDT's Class B Common Stock at the time of the Issuer's spin-off from IDT and 18,900 shares issued upon the vesting of DSUs.
F5 As of September 10, 2025.
F6 On January 21, 2025, the Reporting Person was granted 19,400 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: 6,466 on September 8, 2025; and 6,467 on each of September 7, 2026 and 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, 6,466 shares were issued on September 8, 2025 for the 6,466 DSUs that vested that day, based on the applicable distinct market price band.