Form 4: Outbrain CEO David Kostman Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Outbrain Inc.'s CEO, David Kostman, reported changes in his beneficial ownership of the company's stock due to shares withheld for tax obligations.
Summary
- On January 7, 2025, Outbrain Inc.'s CEO, David Kostman, reported a transaction involving common stock.
- 2,535 shares were disposed of to cover tax obligations arising from the vesting and settlement of restricted stock units.
- The transaction was exempt under Rule 16b-3.
- Following the transaction, Kostman beneficially owns 654,474 shares of Outbrain Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction related to tax obligations, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is related to tax obligations and does not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of transaction involving common stock. |
| 01/10/2025 | Date of signature for the report. |
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