Research Summary
AI-generated summary of this SEC filing
Digimarc (DMRC) EVP Ken Sickles Receives Stock Awards
What Happened
- Ken Sickles, EVP and Chief Product Officer of Digimarc Corporation (DMRC), was awarded a total of 22,986 shares in two award events (Apr 1 and May 15, 2026) valued at approximately $209,265. On May 15, 2026 he also had 1,393 shares withheld/traded back to the company to cover tax liabilities (a routine tax-withholding disposition) with a value of $13,652. Net new shares from these transactions equal 21,593 shares.
Key Details
- Transaction types: A = Award/Grant (acquisitions); F = Shares surrendered/traded back for tax withholding (dispositions).
- Awards:
- 2026-04-01: 3,375 shares @ $5.06 = $17,078 (award)
- 2026-05-15: 17,868 shares @ $9.80 = $175,106 (award)
- 2026-05-15: 1,743 shares @ $9.80 = $17,081 (award)
- Tax withholding (shares surrendered/traded back):
- 2026-05-15: 971 shares @ $9.80 = $9,516 (F1)
- 2026-05-15: 422 shares @ $9.80 = $4,136 (F2)
- Net effect: +22,986 awarded shares −1,393 withheld = +21,593 net shares.
- Filing: Form 4 filed May 18, 2026. No late-filing flag provided in the supplied data.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: F1 and F2 indicate shares were traded back to the company to cover tax liability for vested awards.
Context
- These were equity awards (acquisitions), not open-market purchases; awards are common as part of compensation and do not by themselves indicate executive buying/selling sentiment.
- The May 15 filing also notes a corporate reorganization: Digimarc Parent, Inc. (renamed Digimarc Corporation) became the successor parent company of the original Digimarc — this was a structural reorganization that did not change security holders’ proportional interests.