DMRC Form 4: CFO Charles Beck Surrenders Shares for Tax Withholding

Rhea-AI Filing Summary

Insider sale to cover taxes: Digimarc (DMRC) Executive Vice President and Chief Financial Officer Charles Beck reported a voluntary disposition of 1,672 shares of Digimarc common stock on 08/15/2025 at an average price of $8.81 per share. The filing states the shares were "traded back to the Company to cover tax liability for vested stock awards." After the transaction Mr. Beck beneficially owned 80,061 shares, held directly. The Form 4 was signed on 08/18/2025 and filed under Section 16.

Insights

Financial Analyst

TL;DR: Routine, small insider sale to satisfy tax obligations; not a strategic liquidity event.

The reported disposition of 1,672 shares at $8.81 appears to be a tax withholding sale tied to vested equity, as explicitly stated. The remaining direct beneficial ownership of 80,061 shares suggests the CFO maintains significant exposure to company equity. This transaction is typical when awards vest and does not by itself indicate a change in insider confidence or corporate strategy.

Corporate Governance Expert

TL;DR: Compliant Section 16 filing documenting a covered tax-withholding sale; disclosure is timely and standard.

The Form 4 discloses the nature and mechanics of the sale: shares surrendered to the issuer to cover tax liability from vested awards. The signature and filing details are present, meeting reporting requirements. No additional derivative activity or joint filing complexities are reported.

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

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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)
08/15/2025

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	08/15/2025	08/15/2025	F		1,672(1)	D	$8.81	80,061	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	08/18/2025
	** 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 transaction did Charles Beck report on Form 4 for DMRC?

He reported a disposition of 1,672 shares of Digimarc common stock on 08/15/2025 at a price of $8.81 per share.

Why were the shares sold according to the Form 4?

The filing states the shares were traded back to the Company to cover tax liability for vested stock awards.

How many Digimarc shares does Charles Beck own after the transaction?

Following the reported sale, he beneficially owned 80,061 shares, held directly.

What is Charles Beck’s role at Digimarc as stated on the form?

He is reported as an Officer, specifically EVP, Chief Financial Officer.

When was the Form 4 signed and filed?

The Form 4 is signed by Charles Beck on 08/18/2025; the transaction date is 08/15/2025.