Quinn Carle Ann 4

What Happened

• Quinn Carle, COO of Digimarc Corporation (DMRC), received stock awards totaling 32,701 shares across April 1 and May 15, 2026, with an aggregate value of about $302,013.
  • April 1, 2026: 3,894 shares @ $5.06 = $19,704 (award/grant)
  • May 15, 2026: 26,796 shares @ $9.80 = $262,601 (award/grant)
  • May 15, 2026: 2,011 shares @ $9.80 = $19,708 (award/grant)
• On May 15, 2026, Carle had 5,749 shares turned back to the company to cover tax withholding related to vested awards:
  • 4,055 shares @ $9.80 = $39,739 (tax withholding)
  • 1,694 shares @ $9.80 = $16,601 (tax withholding)
• Net result: a net increase of 26,952 shares (32,701 awarded minus 5,749 withheld).

Key Details

• Transaction dates and prices:
  • Apr 1, 2026: 3,894 shares @ $5.06 (A)
  • May 15, 2026: 26,796 shares @ $9.80 (A); 2,011 shares @ $9.80 (A)
  • May 15, 2026: 4,055 shares @ $9.80 (F); 1,694 shares @ $9.80 (F)
• Footnotes: F1/F2 indicate shares were traded back to the company to cover tax liability for vested awards (standard tax-withholding treatment).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Filing timeliness: Form 4 was filed May 18, 2026. The April 1 award appears to have been reported late; the May 15 transactions were reported on the filing dated May 18.
• Corporate note: On May 15, 2026 Digimarc Parent, Inc. (now renamed Digimarc Corporation) became the successor holding company in a reorganization; this did not change the proportionate interests of security holders.

Context

• These entries are awards/grants (code A) and tax withholding (code F), not open-market purchases or sales. Award grants increase insider holdings; the withheld shares reflect routine tax-covering (cashless) transactions.
• For retail investors: awards show company compensation/vesting activity rather than a direct market buy signal. Tax-withholding disposals are common and do not necessarily indicate selling for investment reasons.