Richard Cohen - 10 Jun 2025 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)

Role
Director
Signature
/s/ Mark Walker, Attorney-in-fact for Richard Cohen
Issuer symbol
DRCT
Transactions as of
10 Jun 2025
Net transactions value
-$3,702
Form type
4
Filing time
12 Jun 2025, 16:23:45 UTC
Previous filing
11 Jun 2025
Next filing
13 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cohen Richard Director 1177 WEST LOOP SOUTH, SUITE 1310, HOUSTON /s/ Mark Walker, Attorney-in-fact for Richard Cohen 12 Jun 2025 0001298692

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DRCT Class A Common Stock, par value $0.001 per share Options Exercise +16,462 +29% 72,367 10 Jun 2025 Direct F1
transaction DRCT Class A Common Stock, par value $0.001 per share Sale $3,702 -6,856 -9.5% $0.5400 65,511 10 Jun 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DRCT Restricted Stock Units Options Exercise $0 -16,462 -100% $0.000000 0 10 Jun 2025 Class A Common Stock, par value $0.001 per share 16,462 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
F2 Represents shares sold to satisfy tax liabilities associated with the reported vesting of restricted stock units for 16,462 shares
F3 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.