Fletcher Steven C. 4
4 · RTB Digital, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
RTB Digital Director Steven C. Fletcher Receives Shares
What Happened
- Director Steven C. Fletcher reported acquisitions connected to a prior business combination: 690 shares of RTB Digital common stock were acquired at $0, and a derivative position covering 72,941 shares (from an assumed stock option) is reported at $0. No cash was paid — these reflect assumed/converted equity awards from the company’s business combination and continue to vest under their original schedules.
Key Details
- Transaction dates and prices:
- 2026-05-21: 690 shares acquired at $0.00 (reporting code J — other acquisition/disposition).
- 2025-08-12: 72,941 shares listed as derivative (acquired/assumed at $0.00; reporting code J).
- Footnotes:
- F1: 690 shares = restricted stock award granted Oct 10, 2025 by RTB Digital, Inc., assumed and converted by the issuer post-combination; continues to vest per original schedule, subject to continued service.
- F2: 72,941 = stock option granted Aug 12, 2025 by RTB Digital, Inc., assumed by the issuer in the combination; terms (underlying shares, exercise price, vesting) were adjusted but remain substantially the same.
- Shares owned after the transactions: not stated in the provided filing.
- Filing timeliness: report filed for period 2026-05-21 (no indication in the filing that it was late).
Context
- These entries are not open-market purchases or sales; they reflect equity awards and an assumed option resulting from a corporate combination. Because they were granted/assumed at $0, they represent grant/conversion events rather than purchases that signal immediate personal investment. Derivative holdings (options) remain subject to vesting and exercise conditions.
Insider Transaction Report
Form 4
Fletcher Steven C.
Director
Transactions
- Other
Common Stock par value $0.001
[F1]2026-05-21+690→ 690 total - Other
Stock Options
[F2]2025-08-12+72,941→ 72,941 totalExercise: $1.89From: 2028-08-12Exp: 2035-08-12→ Common Stock, par value $0.001 (72,941 underlying)
Footnotes (2)
- [F1]Represents a restricted stock award originally granted by RTB Digital, Inc. on October 10, 2025, which was assumed by the Issuer in connection with the business combination between the Issuer and RTB Digital, Inc. Following the transaction, the award was converted into shares of the Issuer's common stock on substantially the same terms as in effect immediately prior to the transaction, with appropriate adjustments to the number of shares, and continues to vest in accordance with its original vesting schedule, subject to the Reporting Person's continued service with the Issuer.
- [F2]Represents a stock option originally granted by RTB Digital, Inc. on August 12, 2025, which was assumed by the Issuer in connection with the business combination between the Issuer and RTB Digital, Inc. Following the transaction, the option became exercisable for shares of the Issuer's common stock on substantially the same terms as in effect immediately prior to the transaction, with appropriate adjustments to the number of underlying shares and exercise price, and continues to vest in accordance with its original vesting schedule, subject to the Reporting Person's continued service with the Issuer.
Signature
/s/ Jasmine Farrington Attorney-in-fact|2026-05-21