Filing Details
- Accession Number:
- 0001628280-25-002847
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-01-28 17:32:44
- Reporting Period:
- 2025-01-16
- Accepted Time:
- 2025-01-28 17:32:44
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1880613 | Direct Digital Holdings Inc. | DRCT | Services-Advertising (7310) | 872306185 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1960753 | Mistelle Locke | 1177 West Loop South, Suite 1310 Houston TX 77027 | Yes | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.001 Per Share | Acquisiton | 2025-01-16 | 7,246 | $0.00 | 37,447 | No | 4 | M | Direct | |
Class A Common Stock, Par Value $0.001 Per Share | Disposition | 2025-01-16 | 1,773 | $1.30 | 35,674 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock, Par Value $0.001 Per Share | Restricted Stock Units | Acquisiton | 2025-01-16 | 7,246 | $0.00 | 7,246 | $0.00 |
Class A Common Stock, Par Value $0.001 Per Share | Restricted Stock Units | Acquisiton | 2025-01-24 | 20,000 | $0.00 | 20,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
7,246 | No | 4 | M | Direct | ||
20,000 | No | 4 | A | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to one share of DRCT's Class A Common Stock, par value $0.001 per share, upon settlement.
- Represents shares withheld to satisfy tax liabilities associated with the reported vesting of restricted stock units for 7,246 shares.
- On January 16, 2023, the reporting person was granted 21,739 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 33 percent of the restricted stock units vested on January 16, 2024, an additional 33 percent vested on January 16, 2025, and the remaining balance of 34 percent of the restricted stock units will vest on January 16, 2026. Vesting will be accelerated upon certain termination of employment events and upon a "Change in Control" (as defined in the Direct Digital Holdings, Inc. 2022 Omnibus Incentive Plan).
- Grant of restricted stock units under the Direct Digital Holdings, Inc. 2022 Omnibus Incentive Plan. The restricted stock units will vest one year from the date of grant conditioned on continued service as of the vesting date.