Digimarc (DMRC) COO Quinn Carle Receives Award, Surrenders Shares for Taxes

What Happened Quinn Carle, Chief Operating Officer of Digimarc Corp (DMRC), was granted 2,617 shares on 2026-08-15 valued at $7.53 each (total $19,706). On the same date she surrendered 5,901 shares at $7.53 each (total $44,435) back to the company to satisfy tax withholding related to vested stock awards. The transactions reflect an award issuance (code A) and a withholding/retirement of shares for taxes (code F).

Key Details

• Transaction dates: 2026-08-15; Form 4 filed 2026-08-18. No late-filing flag is indicated in the filing.
• Award: 2,617 shares @ $7.53 = $19,706 (acquired; code A).
• Withholding/disposition: 5,901 shares @ $7.53 = $44,435 (disposed to company to cover tax liability; code F). Footnote: "Shares traded back to the Company to cover tax liability for vested stock awards."
• Net change in shares from these entries: -3,284 shares (5,901 surrendered minus 2,617 granted).
• Shares owned after the transaction: not specified in the filing.

Context This combination of grant plus share surrender is a routine tax-withholding settlement for vested equity rather than an open-market sale or purchase. Code A indicates an award/grant; code F indicates shares were transferred back to the company to cover taxes (a common cashless/net settlement). Such tax-withholding disposals usually do not signal an executive buying or selling on market sentiment.