Banzai International CEO Joseph Davy Acquires 446,004 Class B Shares as Performance Compensation

2026-04-09SEC Filing SCHEDULE 13D (0001493152-26-015969)

On April 6, 2026, Joseph Davy, the Chief Executive Officer and Chairman of Banzai International, Inc. (BNZI), acquired 446,004 shares of Class B Common Stock. This acquisition was part of a compensation arrangement previously approved by the Issuer's Compensation Committee. Specifically, 297,336 shares were issued following the achievement of a $15 million market capitalization benchmark, while 148,668 shares were issued in lieu of a $125,000 discretionary cash bonus. The shares were valued at $0.841 per share, based on the closing price on April 2, 2026. Following these transactions, Mr. Davy beneficially owns a total of 677,118 shares of Class B Common Stock, representing 100% of the outstanding shares of that specific class. Each share of Class B Common Stock carries ten votes, granting Mr. Davy significant voting power within the company. The filing indicates these securities were acquired for compensation and incentive purposes related to his executive role.

Ticker mentioned:BNZIInstitution mentioned:Davy Joseph P.
Related industry:Software - Application