[Form 4] Digimarc CORP Insider Trading Activity

Rhea-AI Filing Summary

Digimarc Corporation (DMRC) reported an insider transaction by its Executive Vice President and Chief Financial Officer, Charles Beck. On 11/15/2025, Beck had 1,299 shares of Digimarc common stock transferred back to the company at a price of $7.77 per share. The transaction was coded as "F," indicating shares were used to cover tax obligations related to vested stock awards rather than a discretionary open-market sale.

After this tax-related share withholding, Beck directly owned 78,762 shares of Digimarc common stock. The filing notes that the shares were traded back to the company specifically to satisfy tax liability for vested stock awards, highlighting that the transaction reflects compensation and tax mechanics rather than a change in his overall investment posture.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Beck Charles

(Last) (First) (Middle)

8500 SW CREEKSIDE PLACE

(Street)

BEAVERTON OR 97008

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Digimarc CORP [ DMRC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/15/2025	11/15/2025	F		1,299(1)	D	$7.77	78,762	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares traded back to the Company to cover tax liability for vested stock awards.

	/s/ Charles Beck	11/17/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Digimarc (DMRC) report in this Form 4?

The filing reports that EVP and Chief Financial Officer Charles Beck transferred 1,299 shares of Digimarc common stock back to the company on 11/15/2025 in a transaction coded "F."

Why did the Digimarc (DMRC) CFO dispose of 1,299 shares?

The explanation states that the 1,299 shares were traded back to Digimarc to cover tax liability arising from vested stock awards, indicating this was a tax-withholding event tied to equity compensation.

What price was used for the Digimarc (DMRC) tax-related share transaction?

The shares transferred by the CFO to cover taxes were valued at $7.77 per share for the 1,299 shares involved in the transaction.

How many Digimarc (DMRC) shares does the CFO own after this Form 4 transaction?

Following the reported transaction, EVP and CFO Charles Beck directly owned 78,762 shares of Digimarc common stock.

What does transaction code "F" mean in the Digimarc (DMRC) Form 4?

Transaction code "F" indicates that shares were withheld or delivered to the issuer to pay taxes due on vested equity awards, rather than a typical open-market purchase or sale.

What is the role of the reporting person in this Digimarc (DMRC) filing?

The reporting person, Charles Beck, is an officer of Digimarc serving as EVP, Chief Financial Officer, and filed the Form 4 as a single reporting person.