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 transaction involving common stock, including shares withheld for tax obligations and shares held indirectly through Galai Investments, LLC.

Summary

• On July 7, 2024, Yaron Galai, Co-Founder and Board Chair of Outbrain Inc., reported changes in beneficial ownership of the company's common stock.
• The reported transaction involved the withholding of 1,481 shares by the issuer to cover tax obligations arising from the vesting and settlement of restricted stock units.
• Galai also indirectly owns 99,992 shares through Galai Investments, LLC, where he holds a 55% membership interest.
• Following the reported transaction, Galai directly owns 3,543,255 shares of Outbrain Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard reporting of insider transactions. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice for publicly traded companies.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates