Form 4: Outbrain CFO Jason Kiviat Reports Stock Transactions
SEC Form 4 Filing
Jason Kiviat, CFO of Outbrain Inc., reports the vesting and settlement of Performance Stock Units (PSUs) and related tax withholding.
Summary
- On March 7, 2025, Jason Kiviat, the CFO of Outbrain Inc., reported transactions involving common stock and Performance Stock Units (PSUs).
- 7,200 shares of common stock were acquired upon the achievement of a market-based performance metric of the PSUs.
- 1,251 shares were withheld by the issuer to cover tax obligations arising from the vesting and settlement of PSUs.
- 5,696 shares were withheld by the issuer to cover tax obligations arising from the vesting and settlement of restricted stock units.
- Following these transactions, Kiviat beneficially owns 198,314 shares of common stock and 16,800 Performance Stock Units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation, with no particularly positive or negative implications.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The transactions have a minor impact on shareholders due to the change in ownership by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transactions involving common stock and Performance Stock Units. |
| 03/11/2025 | Date of signature for the report. |
| 06/04/2034 | Expiration date of Performance Stock Units. |
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