Form 4: Outbrain CFO Jason Kiviat Reports Changes in Beneficial Ownership

Chief Financial Officer of Outbrain Inc., Jason Kiviat, reports a transaction involving common stock related to tax obligations.

Summary

• On July 7, 2024, Jason Kiviat, the Chief Financial Officer of Outbrain Inc., reported a transaction involving the company's common stock.
• The transaction involved the withholding of 397 shares by Outbrain to cover tax obligations arising from the vesting and settlement of restricted stock units.
• The price per share for this transaction was $4.67.
• Following the reported transaction, Kiviat directly owns 208,827 shares of Outbrain Inc.
• The transaction was exempt under Rule 16b-3 of the Issuer's 2007 Omnibus Securities and Incentive Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to stock-based compensation.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it relates to tax obligations on executive compensation.

Key Dates