Form 4: Outbrain Executive Bradshaw Wenkai Reports Stock Transaction
SEC Form 4 Filing
Outbrain's CAO & SVP Corporate Controller, Wenkai Bradshaw, reports a transaction involving common stock to cover tax obligations.
Summary
- On October 7, 2024, Wenkai Bradshaw, CAO & SVP Corporate Controller 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 shares were withheld at a price of $4.61 per share.
- Following the transaction, Bradshaw directly owns 109,892 shares of Outbrain common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 10/07/2024 | Date of stock transaction |
| 10/08/2024 | Date of signature |
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