Form 4: Outbrain Inc. Executive Bradshaw Wenkai Reports Stock Transaction
SEC Filing
CAO & SVP Corporate Controller of Outbrain Inc., Wenkai Bradshaw, reports disposition of 459 shares to cover tax obligations.
Summary
- Wenkai Bradshaw, CAO & SVP Corporate Controller of Outbrain Inc., filed a Form 4 on January 10, 2025.
- The report details a transaction on January 7, 2025, where 459 shares of common stock were disposed of to cover tax obligations.
- The shares were withheld by the issuer at a price of $6.75 per share.
- Following the transaction, Bradshaw directly owns 107,974 shares of Outbrain Inc.
- The transaction was exempt under Rule 16b-3 of the Issuer's 2007 Omnibus Securities and Incentive Plan.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of stock transaction (disposal of shares). |
| 01/10/2025 | Date of Form 4 filing. |
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