Form 4: Outbrain Inc. CAO & SVP Corporate Controller, Bradshaw Wenkai, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Bradshaw Wenkai, CAO & SVP Corporate Controller of Outbrain Inc., reports a transaction involving common stock on July 7, 2024, resulting in a change in beneficial ownership.
Summary
- On July 7, 2024, Bradshaw Wenkai, CAO & SVP Corporate Controller of Outbrain Inc., reported a transaction.
- The transaction involved the disposal of 397 shares of common stock at a price of $4.67.
- These shares were withheld by the issuer to cover tax obligations arising from the vesting and settlement of restricted stock units.
- Following the transaction, Bradshaw Wenkai beneficially owns 111,747 shares of Outbrain Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 07/07/2024 | Date of transaction involving common stock. |
| 07/09/2024 | Date of signature for the report. |
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