Form 4: Outbrain CFO Jason Kiviat Receives Significant RSU Grant, Boosting Beneficial Ownership

Outbrain Inc.'s Chief Financial Officer, Jason Kiviat, was granted 60,000 restricted stock units as part of the company's long-term incentive plan, increasing his beneficial ownership to 258,314 shares.

Summary

• Outbrain Inc. Chief Financial Officer, Jason Kiviat, was granted 60,000 shares of common stock in the form of Restricted Stock Units (RSUs).
• The transaction occurred on June 5, 2025, with a reported price of $0 per share, indicating a grant rather than a market purchase.
• Following this grant, Mr. Kiviat's total beneficial ownership in Outbrain Inc. increased to 258,314 shares.
• These RSUs are part of the Issuer's OB07 Long-Term Incentive Plan.
• The vesting schedule for these RSUs is as follows: one-eighth (7,500 shares) vested on the grant date, and one-sixteenth (3,750 shares) will vest on September 5, 2025, and each quarterly anniversary thereafter until fully vested.

Sentiment

Score: 7

Explanation: The grant of restricted stock units to a key executive like the CFO is generally viewed positively as it aligns management's interests with long-term shareholder value and retention.

Positives

• The grant of 60,000 Restricted Stock Units (RSUs) to the Chief Financial Officer, Jason Kiviat, aligns his long-term incentives with the company's performance and shareholder value.
• Increased insider ownership, with Mr. Kiviat's beneficial ownership rising to 258,314 shares, demonstrates continued commitment from key management.
• The RSU grant is part of a structured long-term incentive plan (OB07), indicating a clear strategy for executive compensation and retention.

Future Outlook

The document outlines the vesting schedule for the granted Restricted Stock Units, with future vesting increments occurring on September 5, 2025, and each quarterly anniversary thereafter, indicating a multi-year incentive horizon for the CFO.

Industry Context

This Form 4 filing, detailing an executive equity grant, does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The RSU grant aligns the Chief Financial Officer's interests with long-term shareholder value creation, potentially leading to more focused management decisions aimed at increasing stock price.
• Employees: The grant reflects a standard practice of executive compensation, which can influence overall compensation philosophy within the company.

Next Steps

• Continued vesting of the granted Restricted Stock Units on a quarterly basis, starting September 5, 2025.

Key Dates

Keywords

Outbrain, OB, Jason Kiviat, CFO, Form 4, RSU, Restricted Stock Units, Insider Transaction, Equity Compensation, Long-Term Incentive Plan, Beneficial Ownership