$ Value
—
Shares
8,205
Price
—
Filed
Jun 13
Insider
Name
Cohen Richard
Title
—
CIK
0001298692
Roles
Transaction Details
Transaction Date
2025-06-12
Code
M
Table
Non-Derivative
Ownership
Direct
Equity Swap
No
Shares After
73,716
Footnotes
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. | Represents shares sold to satisfy tax liabilities associated with the reported vesting of restricted stock units for 8,205 shares. | 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).