4/A: Outbrain Inc. Director Yaron Galai Amends SEC Filing Regarding Share Transaction

Yaron Galai, a director and co-founder of Outbrain Inc., amended a previous SEC filing to correct the transaction date of a share disposal.

Summary

• Yaron Galai, a director and co-founder of Outbrain Inc., filed an amended SEC Form 4 to correct the transaction date of a previously reported share disposal.
• The original filing incorrectly stated the transaction date as November 1, 2024, but the correct date is November 13, 2024.
• The transaction involved the disposal of 11,000 shares of Outbrain common stock at a price of $0.
• Following the transaction, Galai beneficially owns 3,560,669 shares of Outbrain common stock.
• This includes 55,325 shares received from a liquidating distribution from Galai Investments, LLC.

Sentiment

Score: 5

Explanation: The document is a routine correction of a previous filing and does not indicate any positive or negative sentiment. It is a neutral administrative action.

Industry Context

This filing is a routine disclosure of insider transactions and is a standard practice for publicly traded companies. It does not indicate any specific trend or event within the industry.

Comparison to Industry Standards

• SEC Form 4 filings are a standard requirement for company insiders, such as directors and officers, to report changes in their beneficial ownership of company securities.
• The reporting requirements are consistent across all publicly traded companies in the US, ensuring transparency and preventing insider trading.
• The amendment of the filing to correct the transaction date is also a standard practice when errors are identified.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The correction of the transaction date ensures accurate information is available to the public.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Share Transaction, Outbrain Inc., Yaron Galai, Director, Co-Founder, Share Disposal