Filing Details

Accession Number:
0001880613-25-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2025-06-13 16:44:29
Reporting Period:
2025-06-12
Filing Date:
2025-06-13
Accepted Time:
2025-06-13 16:44:29
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
1834624 Renee Antoinette Leatherberry 1177 West Loop South, Suite 1310
Houston TX 77027
Yes No No No
Transaction Summary
Sold: 2,028 shares Avg. Price: $0.53 Total Value: $1,074.84
Number of Shares After Transactions: 74,442 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 76,470 No 4 M Direct
Class A Common Stock, Par Value $0.001 Per Share Disposition 2025-06-12 2,028 $0.53 74,442 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
  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 8,205 shares.
  3. 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).