Mark Walker - Apr 17, 2025 Form 4 Insider Report for Direct Digital Holdings, Inc. (DRCT)

Role: Chairman and CEO, Director, 10%+ Owner
Signature: /s/ Mark Walker
Stock symbol: DRCT
Transactions as of: Apr 17, 2025
Transactions value $: -$4,698
Form type: 4
Date filed: 4/21/2025, 04:01 PM
Previous filing: Apr 4, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DRCT	Class A Common Stock, par value $0.001 per share	Sale	-$4.7K	-8.7K	-23.5%	$0.54	28.3K	Apr 17, 2025	By AJN Energy & Transport Ventures, LLC	F1, F2
holding	DRCT	Class A Common Stock, par value $0.001 per share						7.01K	Apr 17, 2025	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id	Content
F1	This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person on December 11, 2024. This transaction was executed in multiple trades at prices ranging from $0.52 to $0.57 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.
F2	Due to administrative error, the number of non-derivative securities beneficially owned by the Reporting Person was incorrectly reported as 31,518 instead of 31,508 on a Form 4 filed on March 19, 2025. This column reflects the corrected balance, as effected by the transactions reported on this Form 4.

Content

This sale was made pursuant to a 10b5-1 plan previously entered into by the reporting person on December 11, 2024. This transaction was executed in multiple trades at prices ranging from $0.52 to $0.57 per share. The price reported above reflects the weighted average purchase price on the date indicated. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares.

Due to administrative error, the number of non-derivative securities beneficially owned by the Reporting Person was incorrectly reported as 31,518 instead of 31,508 on a Form 4 filed on March 19, 2025. This column reflects the corrected balance, as effected by the transactions reported on this Form 4.