---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-017522"
form_type: "8-K"
ticker: "DRCT"
cik: "0001880613"
company_name: "Direct Digital Holdings, Inc."
filed_at: "2025-04-11T23:59:59+00:00"
generated_at: "2026-05-23T16:27:22.300471+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Direct Digital sells 800k shares for $411k via equity facility; annual meeting June 9

## Summary
- Sold 500k shares for $272,107 (after $11,338 discount) from Apr 1-7, 2025 to New Circle Principle Investments.
- Additional 300k shares sold for $139,248 (after $5,802 discount) through Apr 11, 2025 under same facility.
- Sales exceeded 5% of outstanding shares, triggering Item 3.02 filing requirement.
- Annual meeting set for June 9, 2025; stockholder proposals and nominations due April 21, 2025.

## SEC filing metadata
- accession: 0001628280-25-017522
- form_type: 8-K
- ticker: DRCT
- cik: 0001880613
- company_name: Direct Digital Holdings, Inc.
- filed_at: 2025-04-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 5.08, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880613/000162828025017522/0001628280-25-017522-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880613/000162828025017522/drct-20250407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-017522
- JSON: https://secwatch.observer/filing/0001628280-25-017522.json
- Plain text: https://secwatch.observer/filing/0001628280-25-017522.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.