McIlwain Dana 4

What Happened

• Dana McIlwain, a director of Digimarc Corporation (DMRC), received an award/grant of 988 shares on July 1, 2026. The reported acquisition price is $8.22 per share, for a total value of approximately $8,121. The Form 4 reports the transaction as an "A" (award/grant/other acquisition).

Key Details

• Transaction date: 2026-07-01; Price per share: $8.22; Shares acquired: 988; Total value: ~$8,121.
• Transaction code: A (award/grant/other acquisition).
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• No 10b5-1 plan, tax-withholding, or cashless exercise notation provided in the filing excerpt.
• Filing appears timely (Period of Report = 2026-07-01; Form filed 2026-07-01).
• Footnote: On May 15, 2026, Digimarc Parent, Inc. (subsequently renamed Digimarc Corporation) became the successor parent company in a reorganization/merger; this reorganization did not change security holders' proportionate interests.

Context

• Awards/grants are typically part of director/compensation arrangements and reflect compensation rather than open-market buying or selling; they are informative but do not necessarily indicate the insider's short-term market view.
• The dollar value here is modest (~$8.1k), so this is a routine compensation-related grant rather than a large insider purchase.