Mark D. Walker - 01 Apr 2025 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
04 Apr 2025, 17:49:27 UTC
Prior SEC filing
24 Mar 2025
Next SEC filing
21 Apr 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Mark Walker

Key filing fact

Mark D. Walker filed Form 4 for Direct Digital Holdings, Inc. (DRCT) on 04 Apr 2025.

Key facts

  • This page summarizes Mark D. Walker's Form 4 filing for Direct Digital Holdings, Inc. (DRCT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 04 Apr 2025, 17:49.

Change

  • Previous filing in this sequence was filed on 24 Mar 2025.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

DRCT transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+45,000
Change %
Price
$0.000000
Shares after
45,000
Date
01 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock, par value $0.001 per share
Underlying amount
45,000
Exercise price
Footnotes
F1, F2
DRCT transaction Derivative

Employee Stock Options (right to buy)

Award

Transaction value
$0
Shares
+45,000
Change %
Price
$0.000000
Shares after
45,000
Date
01 Apr 2025
Ownership
Direct
Underlying class
Class A Common Stock, par value $0.001 per share
Underlying amount
45,000
Exercise price
$0.6400
Footnotes
F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

The restricted stock units will vest in three annual installments, with 33% to vest on each of the first and second anniversary of the grant date and the remaining 34% to vest on the third anniversary of the grant date. 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).

Footnote F3

This option is scheduled to vest in three equal annual installments beginning on April 1, 2026.

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