---
schema_version: "secwatch.filing_event.v1"
accession: "0001880613-26-000044"
form_type: "8-K"
ticker: "DRCT"
cik: "0001880613"
company_name: "Direct Digital Holdings, Inc."
filed_at: "2026-04-23T23:59:59+00:00"
generated_at: "2026-05-15T04:37:41.096799+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Direct Digital Holdings announces 4-to-1 reverse stock split effective April 27, 2026

## Summary
- Reverse split reduces Class A shares from ~2.8M to ~0.7M; Class B from ~0.17M to ~0.04M.
- This is the second reverse split in 2026; a 55-to-1 split was effected on Jan 12, 2026.
- Split intended to maintain $1.00 minimum bid price on Nasdaq; trading symbol remains DRCT.
- No fractional shares issued; cash payment in lieu; transfer agent Equiniti Trust.
- CEO Mark Walker says split positions company to meet listing requirements and support investor interest.

## SEC filing metadata
- accession: 0001880613-26-000044
- form_type: 8-K
- ticker: DRCT
- cik: 0001880613
- company_name: Direct Digital Holdings, Inc.
- filed_at: 2026-04-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000044/0001880613-26-000044-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880613/000188061326000044/drct-20260423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001880613-26-000044
- JSON: https://secwatch.observer/filing/0001880613-26-000044.json
- Plain text: https://secwatch.observer/filing/0001880613-26-000044.txt

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