Form 4: Outbrain CFO Jason Kiviat Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jason Kiviat, CFO of Outbrain Inc., reports a transaction involving common stock on October 7, 2024, resulting in an adjusted beneficial ownership.
Summary
- On October 7, 2024, Jason Kiviat, the Chief Financial Officer of Outbrain Inc., engaged in a transaction involving the company's common stock.
- Specifically, 397 shares were disposed of to cover tax obligations arising from the vesting and settlement of restricted stock units.
- The transaction was executed at a price of $4.61 per share.
- Following this transaction, Kiviat's direct ownership of Outbrain common stock is 203,475 shares.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency to investors regarding the financial interests of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares disposed of to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of transaction involving Outbrain's common stock. |
| 10/08/2024 | Date of signature for the report. |
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