Form 4: Outbrain CFO Jason Kiviat Reports Transaction
SEC Form 4 Filing
Jason Kiviat, CFO of Outbrain Inc., reports a transaction involving common stock on April 7, 2024, where 397 shares were disposed of to cover tax obligations.
Summary
- On April 7, 2024, Jason Kiviat, the Chief Financial Officer of Outbrain Inc., engaged in a transaction involving the company's common stock.
- A total of 397 shares were disposed of at a price of $4.16 per share.
- This transaction was executed to cover tax obligations arising from the vesting and settlement of restricted stock units under Outbrain's 2007 Omnibus Securities and Incentive Plan.
- Following the reported transaction, Kiviat beneficially owns 159,441 shares of Outbrain Inc.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine adjustment of stock ownership related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/07/2024 | Date of the stock transaction where 397 shares were disposed of to cover tax obligations. |
| 04/08/2024 | Date of signature for the Form 4 filing. |
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