Form 4: Outbrain CFO Jason Kiviat Reports Stock Transaction
SEC Form 4 Filing
Chief Financial Officer of Outbrain Inc., Jason Kiviat, reports disposition of shares to cover tax obligations.
Summary
- On March 7, 2024, Jason Kiviat, the Chief Financial Officer of Outbrain Inc., disposed of 4,265 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $3.85 per share.
- Following the transaction, Kiviat directly owns 159,838 shares of Outbrain Inc.
- The shares were withheld by the company to cover tax obligations arising from the vesting and settlement of restricted stock units under the company's 2021 Long-Term Incentive Plan.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested stock, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/07/2024 | Date of stock transaction |
| 03/08/2024 | Date of signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.