The Market LogEnter at least 2 characters. Company and ticker searches are not case-sensitive.

Transaction #25185 · Form 4 · 0001896664-25-000018

Direct Digital Holdings, Inc. · Conversion · Class A Common Stock, par value $0.001 per share

Direct Digital Holdings, Inc. · Transacted December 4, 2025 · Filed December 23, 2025

Original SEC filing ↗

What does this filing report?

An SEC Form 4 filing for Direct Digital Holdings, Inc. records a conversion involving Class A Common Stock, par value $0.001 per share on December 4, 2025. The reported quantity was 300,000. The filing date is December 23, 2025. This is one transaction record; amounts are not allocated among any joint reporting owners.

The acquisition category describes how securities were received. It does not by itself establish a cash purchase of common stock. Read the transaction code definitionsand the original filing before interpreting the amounts.

Transaction details

Company CIK
0001880613
Security type
Non-derivative
Acquisition type
Conversion · Code C
Quantity acquired
300,000
Reported price
Not reported · See footnotes
Reference value
Not reported
Currency
Currency not specified
Ownership
Indirect
Holdings after transaction
300,000
Ownership description
By AJN Energy & Transport Ventures, LLC
SEC acceptance time
Dec 23, 2025, 12:32 PM EST
10b5-1 indication
Not indicated

Reference value is reported quantity × reported price. It is not a confirmed cash payment or an estimate of a derivative's economic value. A missing currency is not assumed to be USD.

Reporting owners

These are the reporting owners named in the filing. Quantities and amounts are not allocated among co-reporters. Roles reflect this filing, not a current profile.

Company listings

This transaction is not mapped to a specific company listing.

Filing footnotes & remarks

F1
Pursuant to the Second Amended and Restated Limited Liability Company Agreement of Direct Digital Holdings, LLC, dated as of February 15, 2022, Class A Common Units (as defined therein) held by the Reporting Person (indirectly through the Reporting Person's ownership interest in Direct Digital Management, LLC) are exchangeable for shares of Class A Common Stock on a one-for-one basis, subject to certain exceptions, conditions and adjustments. The Class A Common Units have no expiration date. At the time of any such exchange, an equal number of shares of Class B Common Stock of the Issuer held by the Reporting Person, which have no economic value and entitle holders thereof to one vote per share on all matters on which stockholders of the Issuer are entitled to vote generally, are cancelled.

Footnotes are reproduced as plain text from the current source filing. For the full context, read the original SEC filing.

This record was updated Eastern Time. This is the stored record update time, not the transaction date. Report a correction.