Direct Digital Management, LLC
First SEC filing: Feb. 17, 2022 · Latest: Dec. 19, 2025
Insider transactions
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. 4, 2025 | DRCT | C | 300,000 | · | · | 300,000 Direct | · | Acquired | |
| Dec. 4, 2025 | DRCT | J | 300,000 | · | · | 0 Direct | -100.00% | Disposed | |
| Dec. 4, 2025 | DRCT | C | 300,000 | · | · | 9,275,500 Direct | -3.13% | Disposed | |
| Sept. 11, 2025 | DRCT | C | 872,500 | · | · | 872,500 Direct | · | Acquired | |
| Sept. 11, 2025 | DRCT | J | 872,500 | · | · | 0 Direct | -100.00% | Disposed | |
| Sept. 11, 2025 | DRCT | C | 872,500 | · | · | 9,575,500 Direct | -8.35% | Disposed | |
| June 18, 2025 | DRCT | C | 350,000 | · | · | 350,000 Direct | · | Acquired | |
| June 18, 2025 | DRCT | J | 350,000 | · | · | 0 Direct | -100.00% | Disposed | |
| June 18, 2025 | DRCT | C | 350,000 | · | · | 10,448,000 Direct | -3.24% | Disposed | |
| March 26, 2025 | DRCT | C | 70,000 | · | · | 70,000 Direct | · | Acquired | |
| March 26, 2025 | DRCT | J | 70,000 | · | · | 0 Direct | -100.00% | Disposed | |
| March 26, 2025 | DRCT | C | 70,000 | · | · | 10,798,000 Direct | -0.64% | Disposed | |
| Dec. 5, 2023 | DRCT | C | 410,000 | · | · | 10,868,000 Direct | -3.64% | Disposed | |
| Dec. 5, 2023 | DRCT | J | 410,000 | · | · | 0 Direct | -100.00% | Disposed | |
| Dec. 5, 2023 | DRCT | C | 410,000 | · | · | 410,000 Direct | · | Acquired | |
| Aug. 26, 2022 | DRCT | C | 100,000 | · | · | 11,278,000 Direct | -0.88% | Disposed | |
| Aug. 26, 2022 | DRCT | J | 100,000 | · | · | 0 Direct | -100.00% | Disposed | |
| Aug. 26, 2022 | DRCT | C | 100,000 | · | · | 100,000 Direct | · | Acquired |
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. 4, 2025 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock, par value $0.001 per share | · | · | 300,000 | Disposed |
| Sept. 11, 2025 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock, par value $0.001 per share | · | · | 872,500 | Disposed |
| June 18, 2025 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock, par value $0.001 per share | · | · | 350,000 | Disposed |
| March 26, 2025 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock, par value $0.001 per share | · | · | 70,000 | Disposed |
| Dec. 5, 2023 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock | · | · | 410,000 | Disposed |
| Aug. 26, 2022 | DRCT | Class A Common Units of Direct Digital Holdings LLC | Class A Common Stock | · | · | 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 | 5,689,000 | Direct |