INSIDER
01Overview02Follow the Money03Daily Brief04Live05Congress06Corporate Insiders07Government Money08Political Influence09Institutions10Washington Network11Follow the Power12Disclosure Clock13AI Investigator14Watchlist
ConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
Data sources

Public disclosures only. Scores flag unusual patterns and are not evidence of wrongdoing. Not investment advice.

RH CHAIN…
OverviewFollow the MoneyDaily BriefLiveCongressCorporate InsidersGovernment MoneyPolitical InfluenceInstitutionsWashington NetworkFollow the PowerDisclosure ClockAI InvestigatorWatchlistConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
01Overview02Follow the Money03Daily Brief04Live05Congress06Corporate Insiders07Government Money08Political Influence09Institutions10Washington Network11Follow the Power12Disclosure Clock13AI Investigator14Watchlist
ConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
OverviewFollow the MoneyDaily BriefLiveCongressCorporate InsidersGovernment MoneyPolitical InfluenceInstitutionsWashington NetworkFollow the PowerDisclosure ClockAI InvestigatorWatchlistConvergenceINSIDER AlphaSignal ledgerHistorical ReplayRobinhood ChainProofTradingTokenProAccountMethodologyMatch reviewLaunch readiness
Data sources
SEC FORM 45h ago
HOUSE PTR5h ago
SEC 13F5h ago
ROBINHOOD CHAIN5h ago
SEC FORM 4/Derivative conversionVerified data

Direct Digital Management, LLC reported DRCT

10% Owner · Direct Digital Holdings, Inc. · Direct Digital Holdings, Inc. — Class A Common Units of Direct Digital Holdings LLC

Side
C
Value
—
Shares
300.0K
Price
—
Executed
Dec 4, 2025
Disclosed
Dec 22, 2025
Disclosure timeline18 days from execution to publication · legal deadline 2 business days
Dec 4 executedDec 22, 2025 disclosed

DRCT · daily

Yahoo Finance chart API
▲Execution▼Disclosure●Material company filing●Other disclosed buy●Other disclosed sellUnofficial public endpoint; daily OHLCV, split-adjusted. Replace with a licensed feed for production.

Insider Score

Experimental signal
19/ 100 · ROUTINE
Methodology →
  • Transaction type0 / 20

    Derivative conversion — administrative, little informational value

  • Relative size+1 / 25

No reported dollar value · 3.3% of prior position

  • Filing timing+10 / 15

    Disclosed 12 business days after execution (deadline: 2)

  • Historical behavior+8 / 15

    First recorded trade by this actor in this security

  • Frequency & clustering0 / 15

    No clustered activity in the dataset

  • Market events0 / 10

    No material company filing within 60 days after the trade

  • The Insider Score measures how far a disclosure deviates from normal filing patterns. A high score is a prompt for research, not evidence of illegal insider trading.

    Other disclosed activity · DRCT

    ScoreActorSecuritySideValueExecutedDisclosedLagSourceEvidence
    19
    DP
    Diaz Diana PCFO
    DRCTDirect Digital Holdings, Inc.
    Tax withholding
    F$2.88
    9 sh
    Oct 16, 2026Oct 21, 2026
    traded Oct 16, 2026
    +5dSEC FORM 4

    Evidence

    15
    DP
    Diaz Diana PCFO
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    28 sh
    Oct 16, 2026Oct 21, 2026
    traded Oct 16, 2026
    +5dSEC FORM 4

    Evidence

    19
    DP
    Diaz Diana PCFO
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    28 sh
    Oct 16, 2026Oct 21, 2026
    traded Oct 16, 2026
    +5dSEC FORM 4

    Evidence

    17
    WD
    Walker Mark DDirector, Chairman and CEO
    DRCTDirect Digital Holdings, Inc.
    Derivative conversion
    C—
    10.0K sh
    Aug 27, 2026Aug 28, 2026
    traded Aug 27, 2026
    +1dSEC FORM 4

    Evidence

    5
    WD
    Walker Mark DDirector, Chairman and CEO
    DRCTDirect Digital Holdings, Inc.
    Derivative conversion
    C—
    10.0K sh
    Aug 27, 2026Aug 28, 2026
    traded Aug 27, 2026
    +1dSEC FORM 4

    Evidence

    32
    PA
    Pillai AnuChief Technology Officer
    DRCTDirect Digital Holdings, Inc.
    Tax withholding
    F$593
    36 sh
    Jan 24, 2026Jun 29, 2026
    traded Jan 24, 2026
    +156dSEC FORM 4

    Evidence

    37
    LR
    Leatherberry Antoinette ReneeDirector
    DRCTDirect Digital Holdings, Inc.
    Open-market sale
    SELL$66.93
    23 sh
    Jun 12, 2026Jun 29, 2026
    traded Jun 12, 2026
    +17dSEC FORM 4

    Evidence

    24
    LR
    Leatherberry Antoinette ReneeDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    90 sh
    Jan 24, 2026Jun 29, 2026
    traded Jan 24, 2026
    +156dSEC FORM 4

    Evidence

    19
    LR
    Leatherberry Antoinette ReneeDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    159 sh
    Jun 9, 2026Jun 29, 2026
    traded Jun 9, 2026
    +20dSEC FORM 4

    Evidence

    15
    LR
    Leatherberry Antoinette ReneeDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    37 sh
    Jun 12, 2026Jun 29, 2026
    traded Jun 12, 2026
    +17dSEC FORM 4

    Evidence

    41
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Open-market sale
    SELL$72.75
    25 sh
    Jun 12, 2026Jun 29, 2026
    traded Jun 12, 2026
    +17dSEC FORM 4

    Evidence

    19
    LR
    Leatherberry Antoinette ReneeDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    37 sh
    Jun 12, 2026Jun 29, 2026
    traded Jun 12, 2026
    +17dSEC FORM 4

    Evidence

    20
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    90 sh
    Jan 24, 2026Jun 29, 2026
    traded Jan 24, 2026
    +156dSEC FORM 4

    Evidence

    28
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    34 sh
    Jan 16, 2026Jun 29, 2026
    traded Jan 16, 2026
    +164dSEC FORM 4

    Evidence

    40
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Open-market sale
    SELL$202
    31 sh
    Jan 16, 2026Jun 29, 2026
    traded Jan 16, 2026
    +164dSEC FORM 4

    Evidence

    28
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    90 sh
    Jan 24, 2026Jun 29, 2026
    traded Jan 24, 2026
    +156dSEC FORM 4

    Evidence

    27
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    159 sh
    Jun 9, 2026Jun 29, 2026
    traded Jun 9, 2026
    +20dSEC FORM 4

    Evidence

    41
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Open-market sale
    SELL$225
    76 sh
    Jun 9, 2026Jun 29, 2026
    traded Jun 9, 2026
    +20dSEC FORM 4

    Evidence

    19
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    37 sh
    Jun 12, 2026Jun 29, 2026
    traded Jun 12, 2026
    +17dSEC FORM 4

    Evidence

    24
    LM
    Locke MistelleDirector
    DRCTDirect Digital Holdings, Inc.
    Option exercise
    M—
    34 sh
    Jan 16, 2026Jun 29, 2026
    traded Jan 16, 2026
    +164dSEC FORM 4

    Evidence

    Evidence

    Verified data

    Read directly from the primary public document; every field below is as reported by the filer.

    Source

    Document
    SEC Form 4
    Publisher
    U.S. Securities and Exchange Commission (EDGAR)
    Document ID
    0001897454-25-000005
    Machine-readable
    Structured copy

    Timestamps

    Event (reported)
    Dec 4, 2025
    Published
    Dec 22, 2025
    Ingested by INSIDER
    Nov 5, 04:26 UTC
    Last re-read
    Nov 5, 04:26 UTC

    Extracted facts

    Filer
    Direct Digital Management, LLC
    Role
    10% Owner
    Transaction
    Derivative conversionAs filed: “C”
    Asset
    Direct Digital Holdings, Inc. — Class A Common Units of Direct Digital Holdings LLC
    Ticker
    DRCT
    Shares
    300.0K
    Price per share
    $0
    Execution date (reported)
    Dec 4, 2025
    Owned after transaction
    9.28M shares
    Days from execution to publication
    18

    What this establishes

    Direct Digital Management, LLC filed this Form 4 reporting a derivative conversion of DRCT on Dec 4, 2025. It became public on Dec 22, 2025. The filing establishes the reported transaction and the filer's stated role. It does not establish why the trade was made or what the filer knew.

    Extraction

    Method
    Form 4 XML
    Confidence
    1.00
    10% Owner
    Direct Digital Management, LLCcik:0001897454
    Issuer
    Direct Digital Holdings, Inc.cik:0001880613

    Revision history · 0

    No field has changed since this record was first ingested.

    Company events

    No records

    No material filings recorded for this issuer.