Digimarc (DMRC) CTO Tony Rodriguez Receives Award; Shares Withheld
$DMRC · Digimarc CorpResearch Summary
AI-generated summary of this SEC filing
Digimarc (DMRC) CTO Tony Rodriguez Receives Award; Shares Withheld
What Happened
Tony Rodriguez, EVP and Chief Technology Officer of Digimarc (DMRC), received a grant of 2,268 shares on 2026-08-15 at $7.53 per share (value ≈ $17,078). On the same date, 2,697 shares were transferred back (disposed) at $7.53 per share to cover tax liability (value ≈ $20,308). The acquisition was an award/grant (code A) and the disposition was a tax withholding/share surrender (code F).
Key Details
- Transaction date: 2026-08-15; Price: $7.53 per share for both transactions.
- Award: 2,268 shares acquired (≈ $17,078).
- Withholding: 2,697 shares disposed (≈ $20,308) to cover taxes.
- Footnote: F1 — shares traded back to the Company to cover tax liability for vested stock awards.
- Filing: Form 4 filed 2026-08-18 for a 2026-08-15 transaction — filing is marked late.
- Shares owned after the transaction: not specified in the filing.
Context
This appears to be a routine equity award (likely vested restricted stock or RSUs) with a portion of shares surrendered to the company to satisfy tax withholding — a common, administrative practice that does not necessarily indicate a change in the insider’s view of the company. A = award/grant; F = tax withholding/share surrender. Filing timeliness (late) is noted but doesn’t change the nature of the transactions.