Form 4: Outbrain Inc. Co-Founder and Board Chair, Yaron Galai, Reports Changes in Beneficial Ownership

Yaron Galai, Co-Founder and Board Chair of Outbrain Inc., reports a disposition of 11,000 shares and acquisition of 11,000 shares of common stock on October 30, 2024, resulting in a total beneficial ownership of 3,560,669 shares.

Summary

• On October 30, 2024, Yaron Galai, Co-Founder and Board Chair of Outbrain Inc., reported changes in his beneficial ownership of the company's common stock.
• He disposed of 11,000 shares at $0 price.
• He acquired 11,000 shares of the Issuer's common stock received in a liquidating distribution from Galai Investments, LLC ('Galai Investments').
• Following these transactions, Galai's total beneficial ownership of Outbrain Inc. common stock is 3,560,669 shares.
• The report also clarifies the distribution of 55,325 shares from Galai Investments, LLC.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in Yaron Galai's holdings, which is relevant to investors monitoring insider activity.

Stakeholder Impact

• Shareholders may be interested in the changes in beneficial ownership reported by a key insider.

Key Dates