Direct Digital Holdings sells 220K shares at ~$0.83 each; CEO and President rescind 2023 RSUs

Direct Digital Holdings, Inc.

Sold 220,000 Class A shares to New Circle Principle Investments for $182,843 cash ($0.831/share) under equity reserve facility.
Unregistered sale exceeded 5% of outstanding shares as of Dec 3, 2024; issued under Section 4(a)(2).
CEO Mark Walker and President Keith Smith rescind cliff-vesting RSU (40,000 shares each) and first 3-year installment (9,970 shares each).
Rescission covers shares issued in 2024 for those RSUs; executives voluntarily requested the cancellation.

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