Filing Details

Accession Number:
0001880613-25-000032
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-06-12 16:23:45
Reporting Period:
2025-06-10
Filing Date:
2025-06-12
Accepted Time:
2025-06-12 16:23:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1880613 Direct Digital Holdings Inc. DRCT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1298692 Richard Cohen 1177 West Loop South, Suite 1310
Houston TX 77027
Yes No No No
Transaction Summary
Sold: 6,856 shares Avg. Price: $0.54 Total Value: $3,702.24
Number of Shares After Transactions: 65,511 shares
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 2025-06-10 16,462 $0.00 72,367 No 4 M Direct
Class A Common Stock, Par Value $0.001 Per Share Disposition 2025-06-10 6,856 $0.54 65,511 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 Disposition 2025-06-10 16,462 $0.00 16,462 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
Footnotes
  1. 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.
  2. Represents shares sold to satisfy tax liabilities associated with the reported vesting of restricted stock units for 16,462 shares
  3. On June 10, 2022, the reporting person was granted 49,382 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 June 10, 2023, an additional 33 percent vested on June 10, 2024, and the remaining balance of 34 percent of the restricted stock units vested on June 10, 2025.