Form 4 for DRCT Direct Digital Holdings, Inc.
Accepted 2025-03-27 00:00:00 ET · period of report 2025-03-20 · accession 0001628280-25-015297 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-03-27 | 2025-03-20 | DRCT | Lowrey Maria Vilchez | Chief Growth Off | F - Tax | $0.79 | -625 | 16.0K | -4% | -$493.75 |
| D | 2025-03-27 | 2025-03-20 | DRCT | Lowrey Maria Vilchez | Chief Growth Off | M - OptEx | — | +2,105 | 16.6K | +14% | — |
| D | 2025-03-27 | 2025-03-20 | DRCT | Lowrey Maria Vilchez | Chief Growth Off | M - OptEx | $0.00 | -2,105 | 2,105 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.001 per share | 2025-03-20 | F | D | 625 | $0.79 | 16,020 | D | — | — | (F2) Represents shares withheld to satisfy tax liabilities associated with the reported vesting of restricted stock units for 2,105 shares. |
| 2 | Common | Class A Common Stock, par value $0.001 per share | 2025-03-20 | M | A | 2,105 | — | 16,645 | D | — | — | (F1) 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. |
| 3 | Derivative | Restricted Stock Units | 2025-03-20 | M | D | 2,105 | $0.00 | 2,105 | D | — · — to — | 2,105 Class A Common Stock, par value $0.001 per share | (F1) 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. (F3) On March 20, 2023, the reporting person was granted 6,315 restricted stock units, vesting in three annual installments beginning on the first anniversary of the grant date. 33% of the restricted stock units vested on March 20, 2024, an additional 33% of the restricted stock units vested on March 20, 2025, and the remaining balance of 34% of the restricted stock units will vest on March 20, 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). |