Form 4: Digimarc COO Sells Shares for Tax Liability

Digimarc's EVP and Chief Operating Officer, Carle Ann Quinn, disposed of 4,054 shares of common stock to cover tax obligations from vested awards.

Summary

• Carle Ann Quinn, EVP, Chief Operating Officer of Digimarc CORP (DMRC), reported a transaction on November 15, 2025.
• Quinn disposed of 4,054 shares of Digimarc Common Stock.
• The shares were traded back to the company at a price of $7.77 per share.
• The purpose of the disposition was to cover tax liability for vested stock awards.
• Following this transaction, Quinn directly beneficially owns 131,569 shares of Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged plan.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax liabilities from vested stock awards, which is a neutral event and does not reflect positively or negatively on the company's operational performance or future prospects.

Negatives

• The reporting person's direct beneficial ownership decreased by 4,054 shares due to the disposition for tax purposes.

Future Outlook

NA

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, common across all industries for publicly traded companies when stock awards vest.

Stakeholder Impact

• Shareholders: A minor, routine reduction in insider ownership, generally not indicative of significant changes in company fundamentals or management confidence.

Key Dates

Keywords

Digimarc, DMRC, Insider Transaction, Form 4, Stock Sale, Tax Liability, Executive Compensation, Carle Ann Quinn