Key facts
- This page summarizes Mark D. Walker's Form 4 filing for Direct Digital Holdings, Inc. (DRCT).
- 11 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 29 Jun 2026, 17:09.
Mark D. Walker - 24 Jan 2026 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)
- Reporting relationship
- Chairman and CEO, Director
- Issuer ticker
- DRCT
- Reported as of
- 24 Jan 2026
- Net transaction value
- -$3,816
- SEC form
- 4
- Accepted by SEC
- 29 Jun 2026, 17:09:38 UTC
- Prior SEC filing
- 23 Dec 2025
- Next SEC filing
- 28 Aug 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Walker
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark D. Walker filed Form 4 for Direct Digital Holdings, Inc. (DRCT) on 29 Jun 2026.
Change
- Previous filing in this sequence was filed on 23 Dec 2025.
- Current net transaction value: -$3,816.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001896664
Primary reporting owner
Walker Mark D
- Relationship
- Chairman and CEO, Director
- Address
- C/O DIRECT DIGITAL HOLDINGS, INC., 1177 WEST LOOP SOUT, SUITE 1300, HOUSTON
- Signature
- /s/ Mark Walker
- Signature date
- 29 Jun 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Options Exercise
- Transaction value
- Shares
- +204
- Change %
- Price
- Shares after
- 204
- Date
- 24 Jan 2026
- Ownership
- Direct
- Footnotes
- F1, F2
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Tax liability
- Transaction value
- Shares
- -61
- Change %
- -30%
- Price
- $16.48*
- Shares after
- 143
- Date
- 24 Jan 2026
- Ownership
- Direct
- Footnotes
- F3, F4
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Options Exercise
- Transaction value
- Shares
- +45
- Change %
- +31%
- Price
- Shares after
- 188
- Date
- 20 Mar 2026
- Ownership
- Direct
- Footnotes
- F2, F3
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Tax liability
- Transaction value
- Shares
- -14
- Change %
- -7.4%
- Price
- $3.52*
- Shares after
- 174
- Date
- 20 Mar 2026
- Ownership
- Direct
- Footnotes
- F3, F4
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Options Exercise
- Transaction value
- Shares
- +67
- Change %
- +39%
- Price
- Shares after
- 241
- Date
- 01 Apr 2026
- Ownership
- Direct
- Footnotes
- F2, F3
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Tax liability
- Transaction value
- Shares
- -20
- Change %
- -8.3%
- Price
- $3.29*
- Shares after
- 221
- Date
- 01 Apr 2026
- Ownership
- Direct
- Footnotes
- F3, F4
DRCT
transaction
Class A Common Stock, par value $0.001 per share
Sale
- Transaction value
- $3,816
- Shares
- -1,363
- Change %
- -100%
- Price
- $2.80
- Shares after
- 0
- Date
- 12 Jun 2026
- Ownership
- By AJN Energy & Transport Ventures, LLC
- Footnotes
- F1, F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DRCT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -204
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 24 Jan 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 204
- Exercise price
- Footnotes
- F2, F6
DRCT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -45
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 20 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 45
- Exercise price
- Footnotes
- F2, F7
DRCT
transaction
Derivative
Employee Stock Options (right to buy)
Award
- Transaction value
- Shares
- +8,750
- Change %
- Price
- $0.000000*
- Shares after
- 8,750
- Date
- 24 Mar 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 8,750
- Exercise price
- $3.32
- Footnotes
- F3, F8
DRCT
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- Shares
- -67
- Change %
- -33%
- Price
- $0.000000*
- Shares after
- 136
- Date
- 01 Apr 2026
- Ownership
- Direct
- Underlying class
- Class A Common Stock, par value $0.001 per share
- Underlying amount
- 67
- Exercise price
- Footnotes
- F2, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 9 footnotes
Footnote F1
On January 12, 2026, Direct Digital Holdings, Inc. (the "Company") effected a 55-to-1 reverse stock split (the "January Reverse Stock Split") and subsequently on April 27, 2026, the Company effected a 4-to-1 reverse stock split (the "April Reverse Stock Split," and together with the January Reverse Stock Split, the "Reverse Stock Splits"). The Securities Acquired reported in connection with this transaction have been adjusted to reflect the April Reverse Stock Split and the Amount of Securities Beneficially Owned Following Reported Transaction in connection with this transaction have been adjusted to reflect the Reverse Stock Splits.
Footnote F2
Restricted stock units convert into shares of the Company's Class A Common Stock, par value $0.001 per share, on a one-for-one basis.
Footnote F3
The shares and price reported for the applicable transaction have been adjusted to reflect the April Reverse Stock Split.
Footnote F4
Represents shares withheld to satisfy tax liabilities associated with the reported vesting of restricted stock units on the applicable transaction date.
Footnote F5
This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person on December 11, 2024. This transaction was executed in multiple trades at prices ranging from $2.76 to $2.84 per share. The price reported above reflects the weighted average purchase price on the date indicated rounded to the nearest penny. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.
Footnote F6
On January 24, 2025, the reporting person was granted 204 restricted stock units, vesting on the first anniversary of the grant date conditioned on continued employment as of the vesting date. All of the restricted stock units vested on January 24, 2026. This grant was previously reported as covering 45,000 restricted stock units, but was adjusted to reflect the Reverse Stock Splits.
Footnote F7
On March 20, 2023, the reporting person was granted 135 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 vested on March 20, 2026. This grant was previously reported as covering 29,910 restricted stock units, but was adjusted to reflect the Reverse Stock Splits.
Footnote F8
This option is scheduled to vest in three equal annual installments beginning on March 24, 2027.
Footnote F9
On April 1, 2025, the reporting person was granted 203 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 April 1, 2026, an additional 33% of the restricted stock units will vest on April 1, 2027, and the remaining balance of 34% of the restricted stock units will vest on April 1, 2028. 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). This grant was previously reported as covering 45,000 restricted stock units, but was adjusted to reflect the Reverse Stock Splits.
SEC remarks
The Reporting Person is hereby disclosing delinquent transactions reportable on Form 4 that were not reported due to an administrative oversight.