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Digimarc CORP·4

May 18, 12:11 PM ET

Rodriguez Tony 4

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Digimarc (DMRC) CTO Tony Rodriguez Receives Stock Awards

What Happened
Tony Rodriguez, EVP and Chief Technology Officer of Digimarc (DMRC), received stock awards and related issuances. On 2026-04-01 he was issued 3,375 shares at $5.06 (value $17,078). On 2026-05-15 he was issued two awards totaling 24,459 shares (22,716 @ $9.80 = $222,617; and 1,743 @ $9.80 = $17,081), for total award value $256,776. To cover tax withholding, Rodriguez surrendered 1,797 shares on 2026-05-15 (617 shares @ $9.80 = $6,047 and 1,180 shares @ $9.80 = $11,564), totaling $17,611. Net across these filings: +26,037 shares (27,834 awarded − 1,797 withheld) with a net value increase of about $239,165.

Key Details

  • Transaction types: A = Award/Grant (acquisitions); F = Shares surrendered to satisfy tax withholding.
  • Dates & prices:
    • 2026-04-01: 3,375 shares @ $5.06 = $17,078 (award)
    • 2026-05-15: 22,716 shares @ $9.80 = $222,617 (award)
    • 2026-05-15: 1,743 shares @ $9.80 = $17,081 (award)
    • 2026-05-15: 617 shares @ $9.80 = $6,047 (surrendered for taxes)
    • 2026-05-15: 1,180 shares @ $9.80 = $11,564 (surrendered for taxes)
  • Shares awarded total: 27,834; shares surrendered for tax: 1,797; net new shares: 26,037.
  • Values: awards ~$256,776; tax-withholding shares ~$17,611; net value ~$239,165.
  • Footnotes F1/F2: confirm the surrendered shares were traded back to the company to cover tax liabilities on vested awards.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Filing timeliness: filing dated 2026-05-18; no explicit late-filing indicator included in the report.

Context

  • These transactions are equity compensation (awards) and tax withholding via share surrender — common for executives receiving restricted stock or similar awards. This is not an open-market purchase or a sale to realize gains; the surrendered shares were used solely for tax purposes.
  • The filing includes a corporate reorganization remark: on May 15, 2026, Digimarc Parent, Inc. (which later took the Digimarc Corporation name) became the successor parent company in a reorganization. The reorg did not change security holders’ proportional interests.