[Form 4] Digimarc CORP Insider Trading Activity

Rhea-AI Filing Summary

Michael Park, a director of Digimarc Corp (DMRC), reported an open-market purchase of 1,279 shares of the issuer's common stock on 10/01/2025 at a reported price of $9.77 per share. Following this transaction, Mr. Park beneficially owns 21,853 shares. The Form 4 was signed by George Karamanos by power of attorney on the same date.

Positive

• Director purchase disclosed: 1,279 shares acquired, showing insider buying activity.
• Transparent reporting: Form 4 filed and signed (by power of attorney) on the transaction date, meeting disclosure requirements.

Negative

• None.

Insights

Financial Analyst

TL;DR: A director made a small open-market purchase, increasing direct holdings modestly.

The reported purchase of 1,279 shares at $9.77 is a routine insider acquisition and increases the director's reported beneficial ownership to 21,853 shares. The transaction appears to be an ordinary open-market buy with no derivatives or dispositions disclosed. The size of the transaction relative to total outstanding shares is not provided in the filing, so materiality to valuation cannot be assessed from this form alone.

Corporate Governance Expert

TL;DR: Filing is a standard Form 4 disclosure showing a director purchase with POA signature.

The Form 4 discloses a straightforward non-derivative acquisition by a director and is properly reported with a power-of-attorney signature. There are no multiple reporting persons, no amendments indicated, and no complex ownership structures or indirect holdings disclosed in this filing.

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).

1. Name and Address of Reporting Person^*

Park Michael

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025	10/01/2025	A		1,279	A	$9.77	21,853	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:

	/s/ George Karamanos, by power of attorney	10/01/2025
	** 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 did DMRC director Michael Park purchase on 10/01/2025?

He purchased 1,279 shares of Digimarc Corp common stock at a reported price of $9.77 per share.

How many DMRC shares does Michael Park beneficially own after the transaction?

Following the reported transaction, he beneficially owns 21,853 shares.

Was the Form 4 for Michael Park signed directly by him?

The Form 4 bears a signature by George Karamanos acting by power of attorney on 10/01/2025.

Does the filing report any derivative transactions or dispositions?

No. The filing reports a non-derivative acquisition only and shows no dispositions or derivative securities.

Is this Form 4 an amendment to a prior filing?

No. The form does not indicate an amendment date and lists the earliest transaction date as 10/01/2025.