Direct Digital Management, LLC
CIK 1897454 · View on SEC EDGAR ↗
Insider
Activist
First SEC filing: Feb. 17, 2022 · Latest: Dec. 19, 2025
On this page
Insider at
Insider transactions
0 buys (P)
0 sells (S)
Net:
$0
+ 6 non-open-market transactions below
last 12 months, based on the transactions shown below
Price change vs current quote, split-adjusted for corporate actions since the filing — not benchmarked, not annualized, not size-weighted
No open-market trades on record; showing all filings.
| Date | Ticker | Code | Shares | Price | Value | Owned after | Δ own | A/D | vs now |
|---|---|---|---|---|---|---|---|---|---|
| Dec. 5, 2023 | DRCT | C | 410,000 | — | — | 10,868,000 Direct | -3.64% | Disposed | (price as of 2026-08-20) |
| Dec. 5, 2023 | DRCT | J | 410,000 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Dec. 5, 2023 | DRCT | C | 410,000 | — | — | 410,000 Direct | — | Acquired | (price as of 2026-08-20) |
| Aug. 26, 2022 | DRCT | C | 100,000 | — | — | 11,278,000 Direct | -0.88% | Disposed | (price as of 2026-08-20) |
| Aug. 26, 2022 | DRCT | J | 100,000 | — | — | 0 Direct | -100.00% | Disposed | (price as of 2026-08-20) |
| Aug. 26, 2022 | DRCT | C | 100,000 | — | — | 100,000 Direct | — | Acquired | (price as of 2026-08-20) |
P = Open-market purchase · S = Sale · A = Grant/award · M = Option exercise · G = Gift · F = Tax withholding
Insider transactions are not a recommendation; sales are often driven by liquidity or tax reasons.
Derivative holdings (Form 4 Table II)
Options, RSUs and convertible securities reported on Form 4 Table II.
| Date | Ticker | Security | Underlying | Exercise price | Expiration | Shares | A/D |
|---|---|---|---|---|---|---|---|
| Dec. 5, 2023 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock (410,000) | — | — | 410,000 | Disposed |
| Aug. 26, 2022 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock (100,000) | — | — | 100,000 | Disposed |
Exercise/conversion price is blank when not applicable (e.g. RSUs).
Initial ownership (Form 3) 1 holding
Securities held when first becoming an insider, per SEC Form 3.
| Date | Ticker | Security | Shares | Ownership |
|---|---|---|---|---|
| Feb. 17, 2022 | DRCT | Class A Common Units of Direct Digital Holdings LLC→ Class A common stock (5,689,000) | 5,689,000 | Direct |