Form 4: Outbrain Director Kathryn Taneyhill Jhaveri Receives 20,000 Shares of Common Stock

Director Kathryn Taneyhill Jhaveri acquired 20,000 shares of Outbrain Inc. common stock on June 4, 2024, as part of a restricted stock unit grant.

Summary

• On June 4, 2024, Kathryn Taneyhill Jhaveri, a director of Outbrain Inc., acquired 20,000 shares of common stock.
• The acquisition was part of a restricted stock unit (RSU) grant under the company's 2021 Long-Term Incentive Plan.
• The RSUs vest in twelve equal quarterly increments over three years, starting with the grant date and continuing on September 5, 2024, and each quarterly anniversary thereafter.
• Following the transaction, Ms. Jhaveri directly owns 52,500 shares of Outbrain Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with the company's long-term performance.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and commitment from the director.

Future Outlook

The director's holdings will increase over the next three years as the restricted stock units vest quarterly.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies to align management and board member interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's success.

Next Steps

• Continued vesting of the restricted stock units on a quarterly basis over the next three years.

Key Dates