Filing Details
- Accession Number:
- 0001880613-25-000041
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-13 16:44:23
- Reporting Period:
- 2025-06-12
- Filing Date:
- 2025-06-13
- Accepted Time:
- 2025-06-13 16:44:23
- 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 |
Transaction Summary
| Sold: | 3,432 shares | Avg. Price: $0.52 | Total Value: $1,784.64 |
| Number of Shares After Transactions: | 40,447 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 | 2025-06-12 | 8,205 | $0.00 | 43,879 | No | 4 | M | Direct | |
| Class A Common Stock, Par Value $0.001 Per Share | Disposition | 2025-06-12 | 3,432 | $0.52 | 40,447 | 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 | 2025-06-12 | 8,205 | $0.00 | 8,205 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,205 | No | 4 | M | 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 sold to satisfy tax liabilities associated with the reported vesting of restricted stock units for 8,205 shares.
- On June 12, 2023, the reporting person was granted 24,615 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 12, 2024, an additional 33 percent vested on June 12, 2025, and the remaining balance of 34 percent of the restricted stock units will vest on June 12, 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).
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