{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-24-050442","form_type":"8-K","ticker":"DRCT","cik":"0001880613","company_name":"Direct Digital Holdings, Inc.","filed_at":"2024-12-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.233613+00:00","generated_at":"2026-05-29T05:49:20.102299+00:00","sec_items":["3.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Direct Digital Holdings sells 220K shares for $241K to New Circle under equity facility","bullets":["Sold 220,000 shares of Class A common stock for $241,095.80, after $10,048.20 discount.","Shares exceed 5% of outstanding as of Sept 30, 2024; sold to New Circle Principle Investments LLC.","Exempt from registration under Section 4(a)(2) as sale to accredited investor.","Sales occurred between Sept 30 and Dec 3, 2024 under previously disclosed Equity Reserve Facility."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-24-050442","json":"https://secwatch.observer/filing/0001628280-24-050442.json","markdown":"https://secwatch.observer/filing/0001628280-24-050442.md","text":"https://secwatch.observer/filing/0001628280-24-050442.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1880613/000162828024050442/0001628280-24-050442-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1880613/000162828024050442/drct-20241203.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T05:49:20.102299+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}