Elizabeth Sestanovich - 28 Jul 2025 Form 4 Insider Report for System1, Inc. (SST)

Signature
/s/ Daniel Weinrot, Attorney-in-Fact for Elizabeth Sestanovich
Issuer symbol
SST
Transactions as of
28 Jul 2025
Net transactions value
-$1,014
Form type
4
Filing time
30 Jul 2025, 19:39:35 UTC
Previous filing
17 Jul 2025
Next filing
17 Oct 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Sestanovich Elizabeth Chief People Officer 4235 REDWOOD AVE, LOS ANGELES /s/ Daniel Weinrot, Attorney-in-Fact for Elizabeth Sestanovich 30 Jul 2025 0001907093

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SST Class A Common Stock Tax liability $1,014 -135 -0.66% $7.51 20,317 28 Jul 2025 Direct F1, F2
transaction SST Class A Common Stock Award $0 +40,000 +197% $0.000000 60,317 29 Jul 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon the vesting of 375 restricted stock units ("RSUs") previously granted to the reporting person, the Company withheld 135 shares to cover the reporting person's tax withholding obligation with respect to the vesting of such RSUs.
F2 Includes 4,770 unvested RSUs.
F3 The Reporting Person was granted 40,000 restricted stock units ("RSUs") in connection with his continued employment with System1, Inc. ("SST"). Each RSU represents the right to receive one share of SST Class A Common Stock upon vesting. Subject to the continued employment of Ms. Sestanovich through the applicable vesting date, one-third of the RSUs will vest on July 15, 2026, and the remaining two-thirds will vest in 8 substantially equal quarterly installments on each quarterly anniversary thereafter.
F4 Includes 44,770 unvested RSUs.