4Filed Aug 17, 8:00 PM ET
Digimarc EVP Ken Sickles Receives 2,268 Shares; 1,353 Surrendered for Taxes
$DMRC · Digimarc CorpResearch Summary
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Digimarc EVP Ken Sickles Receives 2,268 Shares; 1,353 Surrendered for Taxes
What Happened
- Ken Sickles, EVP & Chief Product Officer of Digimarc Corporation (DMRC), was granted 2,268 shares on August 15, 2026 at $7.53 per share (value ≈ $17,078). On the same date, 1,353 shares were surrendered/returned to the company at $7.53 per share to satisfy tax withholding obligations (value ≈ $10,188).
- The award (code A) is an acquisition of shares; the surrender (code F) reflects shares withheld to cover taxes rather than an open‑market sale.
Key Details
- Transaction date: August 15, 2026; filing date: August 18, 2026. Price per share for both actions: $7.53.
- Award: 2,268 shares acquired, total ≈ $17,078. Tax withholding: 1,353 shares surrendered, total ≈ $10,188.
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote F1: Shares were traded back to the company specifically to cover tax liability for vested stock awards (standard tax withholding).
- No late‑filing flag indicated in the provided filing.
Context
- This is a routine vesting/award plus tax withholding (often called a "sell to cover" or shares withheld) — not an open‑market sale that would reflect a deliberate liquidity decision.
- The filing also notes a corporate reorganization effective May 15, 2026: Digimarc Parent, Inc. (which became Digimarc Corporation) became the parent holding company of the prior Digimarc entity; the reorganization did not change shareholders’ proportional interests.