Form 4: Outbrain Inc. Director Yaron Galai Reports Stock Transaction

Yaron Galai, a director and co-founder of Outbrain Inc., reported a transaction involving the withholding of shares to cover tax obligations.

Summary

• Yaron Galai, a director and co-founder of Outbrain Inc., filed a Form 4 indicating a transaction on December 7, 2024.
• The transaction involved the withholding of 3,148 common stock shares by the issuer to cover tax obligations.
• These shares were withheld at a price of $6.19 per share.
• Following the transaction, Mr. Galai beneficially owns 3,507,521 shares of Outbrain Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to stock transactions by company insiders, which is common in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders in accordance with SEC regulations.
• The transaction is a common occurrence where shares are withheld to cover tax obligations related to vesting of stock awards, which is a typical practice across publicly listed companies.

Stakeholder Impact

• The transaction has a minor impact on the total number of shares outstanding, but is not expected to significantly affect shareholders.

Key Dates

Keywords

Form 4, Outbrain Inc., Yaron Galai, stock transaction, beneficial ownership, tax obligations, director, co-founder