[Form 4] Digimarc CORP Insider Trading Activity

Rhea-AI Filing Summary

Digimarc Corp (DMRC) executive vice president and chief product officer Ken Sickles reported a routine share transaction. On 11/15/2025, he transferred 793 shares of common stock back to the company at $7.77 per share. The explanation states that the shares were traded back to Digimarc to cover tax liability arising from vested stock awards, which is a common method of tax withholding for equity compensation.

After this transaction, he directly beneficially owns 39,744.405 shares of Digimarc common stock. The filing is made on Form 4 by a single reporting person and reflects an administrative equity-compensation related event rather than an open-market sale.

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^*

Sickles Ken

(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 Product 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		793(1)	D	$7.77	39,744.405	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/ Ken Sickles	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 Form 4 reports that Ken Sickles, EVP and chief product officer of Digimarc (DMRC), transferred 793 shares of common stock back to the company on 11/15/2025.

At what price were the Digimarc (DMRC) shares transferred in the Form 4?

The 793 shares of Digimarc common stock were transferred at a price of $7.77 per share, according to the Form 4.

Why did the Digimarc (DMRC) executive transfer 793 shares back to the company?

The response section explains that the 793 shares were traded back to Digimarc to cover tax liability for vested stock awards, reflecting tax withholding on equity compensation.

How many Digimarc (DMRC) shares does the reporting person own after this transaction?

Following the reported transaction, Ken Sickles beneficially owns 39,744.405 shares of Digimarc common stock in direct ownership.

Who is the insider involved in this Digimarc (DMRC) Form 4 filing and what is his role?

The insider is Ken Sickles, who serves as EVP, Chief Product Officer at Digimarc Corp (DMRC), and he filed the Form 4 as a single reporting person.

Does this Digimarc (DMRC) Form 4 reflect an open-market sale of shares?

No. The explanation states that the 793 shares were traded back to the company to cover tax liability on vested stock awards, indicating a tax-withholding transaction rather than a traditional open-market sale.