Beck Charles 4
Research Summary
AI-generated summary
Digimarc (DMRC) CFO Charles Beck Receives Equity Awards
What Happened
- Charles Beck, Digimarc's Chief Financial Officer, received equity awards (transaction code A) totaling 32,701 shares across grants on 2026-04-01 and 2026-05-15. The grants have an aggregate reported value of $302,013 (3,894 shares @ $5.06; 26,796 shares @ $9.80; 2,011 shares @ $9.80).
- On 2026-05-15, 2,815 shares were surrendered back to the company (transaction code F) to cover tax withholding, valued at $27,587 (967 shares @ $9.80 and 1,848 shares @ $9.80). After withholding, Beck netted approximately 29,886 shares (net value ≈ $274,426).
Key Details
- Transaction dates and prices:
- 2026-04-01: Award of 3,894 shares at $5.06 (value $19,704).
- 2026-05-15: Awards of 26,796 shares and 2,011 shares at $9.80 (values $262,601 and $19,708).
- 2026-05-15: 967 and 1,848 shares surrendered at $9.80 each to cover tax liabilities (values $9,477 and $18,110).
- Shares owned after transaction: Not specified in the excerpt provided.
- Footnotes: F1/F2 indicate the shares traded back to the company were to cover tax withholding on vested awards (i.e., a cashless surrender for taxes).
- Filing/timeliness: Form filed 2026-05-18 reporting transactions on 2026-04-01 and 2026-05-15. The filing date is shown in the record provided; no explicit late-filing flag was included in the excerpt.
Context
- These were award grants (A). The subsequent surrender of shares (F) is a common method to satisfy tax withholding on vested equity and is not the same as an open-market sale.
- The filing includes a corporate reorganization note: on May 15, 2026, Digimarc Parent, Inc. (renamed Digimarc Corporation) became the parent holding company of the previous Digimarc Corporation; the change did not alter security holders’ proportional interests.