Key facts
- This page summarizes Raghu Marthi's Form 4 filing for DZS INC. (DZSIQ).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 23 Sep 2024, 18:17.
Raghu Marthi - 20 Sep 2024 Form 4 Insider Report for DZS INC. (DZSIQ)
- Reporting relationship
- Chief Operating Officer
- Issuer ticker
- DZSIQ
- Reported as of
- 20 Sep 2024
- Net transaction value
- -$1,762
- SEC form
- 4
- Accepted by SEC
- 23 Sep 2024, 18:17:14 UTC
- Prior SEC filing
- 10 Sep 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/Laura Larsen-Misunas as Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Raghu Marthi filed Form 4 for DZS INC. (DZSIQ) on 23 Sep 2024.
Change
- Previous filing in this sequence was filed on 10 Sep 2024.
- Current net transaction value: -$1,762.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DZSI
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +8,750
- Change %
- +17%
- Price
- Shares after
- 58,781
- Date
- 20 Sep 2024
- Ownership
- Direct
- Footnotes
- F1
DZSI
transaction
Common Stock
Tax liability
- Transaction value
- $1,762
- Shares
- -2,936
- Change %
- -5%
- Price
- $0.6000
- Shares after
- 55,845
- Date
- 20 Sep 2024
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DZSI
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -8,750
- Change %
- -50%
- Price
- Shares after
- 8,750
- Date
- 20 Sep 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 8,750
- Exercise price
- Footnotes
- F1
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
This represents the third vesting on September 20, 2024 in the amount of 8,750 units for a total amount vested of 26,250 of the restricted stock units issued on September 20, 2021. The remaining vesting will occur on September 20, 2025, subject to the reporting person's continued employment with the issuer on such vesting date. Each restricted stock unit represents the right to receive one share of the issuer's common stock upon vesting.
Footnote F2
Shares withheld by DZS to satisfy tax withholding requirements on vesting of restricted stock.