<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href...

<p xmlns="http://www.w3.org/1999/xhtml">
<a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.digimarc.com%2F&amp;esheet=54564755&amp;newsitemid=20260706503606&amp;lan=en-US&amp;anchor=Digimarc+Corporation&amp;index=1&amp;md5=e89035f8a261b12b27c53c37fa859418" shape="rect">Digimarc Corporation</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DMRC">DMRC</a>), a pioneer in digital identity and authentication solutions announced that effective today, July 6, 2026, Paul Carreiro has assumed the role of Chief Executive Officer and President following the Company&#39;s previously announced leadership transition. As Chief Executive Officer and President, Carreiro will lead Digimarc&#39;s strategy and operations as the Company advances its mission to build the trust layer for the modern world.

</p><p xmlns="http://www.w3.org/1999/xhtml">
&#34;I&#39;m excited to officially join Digimarc. The opportunity to help customers establish trust across the physical and digital worlds has never been more important. I look forward to working with our employees, customers, and partners to accelerate execution and create long-term value,&#34; said Carreiro.

</p><p xmlns="http://www.w3.org/1999/xhtml">
In connection with the commencement of his employment, Digimarc also announced an inducement equity award approved by the Compensation and Talent Management Committee of the Board of Directors in accordance with Nasdaq Listing Rule 5635(c)(4).

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Inducement Grant</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
The Compensation and Talent Management Committee of the Company’s Board of Directors has approved, as a material inducement to Mr. Carreiro entering into employment with the company, an LTIP Unit award in DMRC LLC, the Company’s subsidiary, that is intended to qualify as an "inducement grant" in accordance with Nasdaq Listing Rule 5635(c)(4). The LTIP Unit Award is comprised of (i) 307,400 Time-Vesting LTIP Units that will vest in fifteen equal quarterly installments of 19,213 Time-Vesting LTIP Units on each consecutive calendar quarter-end beginning on September 30, 2026, and one final quarterly installment of 19,205 Time-Vesting LTIP Units on June 30, 2030, in each case subject to Mr. Carreiro’s continued employment with the Company through each applicable vesting date, and (ii) 752,600 Performance-Vesting LTIP Units that will vest based on the achievement of certain Stock Price (as defined in the Inducement LTIP Unit Award Agreement) thresholds during the applicable performance period, in each case subject to Mr. Carreiro’s continued employment with the Company through the achievement of such Company common stock price threshold and through the end of the applicable performance period, as follows: (a) 33-1/3% of the Performance-Vesting LTIP Units will vest on the second anniversary of July 6, 2026 (the "Effective Date") provided the Stock Price equals or exceeds $14.37 during the period from the Effective Date through July 5, 2028, (b) 33-1/3% of the Performance-Vesting LTIP Units will vest on the third anniversary of the Effective Date provided the Stock Price equals or exceeds $21.92 during the period from the Effective Date through July 5, 2029, and (c) 33-1/3% of the Performance-Vesting LTIP Units will vest on the fourth anniversary of the Effective Date provided the Stock Price equals or exceeds $38.33 during the period from the Effective Date through July 5, 2030. A copy of the Inducement LTIP Unit Award Agreement with Mr. Carreiro is filed as an exhibit to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission today.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About Digimarc</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
Digimarc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/DMRC">DMRC</a>) is building the trust layer for the modern world. As AI accelerates how we produce, share, and interact with the world, the risks of fraud, counterfeiting, and misinformation are growing exponentially. Our innovative, highly scalable, and ultra-secure solutions make it possible for consumers, businesses, and intelligent systems to instantly verify what’s real, protect what matters, and transact with confidence. Digimarc’s solutions for loss prevention, authentication, and digital are built to counter the speed and sophistication of today’s AI-enabled threats. Trusted by the world’s central banks to deter the counterfeiting of global currency, we exist to protect truth in every interaction, spanning both the physical and digital worlds. Learn more at <a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="https://cts.businesswire.com/ct/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.digimarc.com%2F%3Futm_source%3DBusiness_Wire%26utm_medium%3DPR%26utm_campaign%3D&amp;esheet=54564755&amp;newsitemid=20260706503606&amp;lan=en-US&amp;anchor=Digimarc.com&amp;index=2&amp;md5=9acbe4eba86ce9c8f76a7285e08a3078" shape="rect">Digimarc.com</a>.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260706503606r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260706503606/en/" rel="nofollow">https://www.businesswire.com/news/home/20260706503606/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">Digimarc company contact: 
</b><br xmlns="http://www.w3.org/1999/xhtml"></br>Charles Beck
<br xmlns="http://www.w3.org/1999/xhtml"></br>Chief Financial Officer
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:Charles.Beck@digimarc.com" shape="rect"><b xmlns="http://www.w3.org/1999/xhtml">Charles.Beck@digimarc.com 
</b></a><br xmlns="http://www.w3.org/1999/xhtml"></br><b xmlns="http://www.w3.org/1999/xhtml">+1 503-469-4721</b>

</p>

DMRC

Paul Carreiro Assumes Role as Chief Executive Officer and President of Digimarc

Digimarc appoints new CEO with large LTIP grant, signaling multi-year catalysts

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>&lt;p xmlns=&quot;http://www.w3.org/1999/xhtml&quot;&gt;
&lt;a xmlns=&quot;http://www.w3.org/1999/xhtml&quot; rel=&quot;nofollow&quot; href...</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Digimarc named Paul Carreiro as CEO and President, effective July 6, 2026, with a substantial inducement LTIP award. The package covers 307,400 time-vesting LTIP Units and 752,600 performance-vesting LTIP Units, tied to multi-year stock-price hurdles through 2030. The 8-K filing highlights leadership transition and potential dilution risks alongside a long-term value-creation objective.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Paul Carreiro named Digimarc CEO and President, effective July 6, 2026.</li><li>Inducement LTIP: 307,400 time-vesting units and 752,600 performance-vesting units granted.</li><li>Performance LTIP thresholds: $14.37 by 7/5/2028; $21.92 by 7/5/2029; $38.33 by 7/5/2030.</li><li>Disclosed in an 8-K; inducement grant under Nasdaq Rule 5635(c)(4).</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Digimarc Corporation (DMRC)</strong>: Leadership transition to Paul Carreiro; substantial LTIP grant may influence dilution and long-term incentives.</li><li><strong>DMRC LLC (DMRCLLC)</strong>: LTIP Units awarded by subsidiary; vesting could dilute parent equity upon achievement.</li><li><strong>Nasdaq, Inc. (NDAQ)</strong>: Rule 5635(c)(4) inducement grant cited; regulatory context for equity awards.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The article centers on a leadership change at Digimarc and a sizable inducement equity grant, which could affect execution risk, governance signals, and dilution dynamics, influencing DMRC&#039;s valuation path over multi-year horizons.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>CEO transition could shift strategy and investor sentiment for DMRC.</li><li>Large LTIP grant implies potential dilution if performance milestones are met.</li><li>Price-based vesting milestones create optionality and potential volatility through 2030.</li><li>8-K disclosure on July 6, 2026 sets forthcoming catalyst window.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Effective date: July 6, 2026.</li><li>CEO and President: Paul Carreiro.</li><li>LTIP Units granted: 307,400 time-vesting; 752,600 performance-vesting.</li><li>Time-vesting vesting: begins Sep 30, 2026; 15 quarterly installments through Jun 30, 2030.</li><li>Performance-vesting thresholds: $14.37 (by 7/5/2028), $21.92 (by 7/5/2029), $38.33 (by 7/5/2030).</li><li>Inducement grant disclosed under Nasdaq Rule 5635(c)(4).</li><li>Filed as an exhibit to the Form 8-K.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Near-term DMRC sentiment may improve on leadership change and incentive alignment, with upside tied to multi-year vesting milestones.</p>
  </section>
</section>


<article>
  <h1>Paul Carreiro Named Chief Executive Officer and President of Digimarc (DMRC)</h1>

  <section id="lead" aria-labelledby="lead-heading">
    <h2 id="lead-heading">Opening overview</h2>
    <p>Digimarc Corporation (NASDAQ: <strong>DMRC</strong>), a pioneer in digital identity and authentication solutions, announced that effective today, <strong>July 6, 2026</strong>, Paul Carreiro has assumed the role of Chief Executive Officer and President following the Company’s previously announced leadership transition. As Chief Executive Officer and President, Carreiro will lead Digimarc's strategy and operations as the Company advances its mission to build the trust layer for the modern world.</p>
    <p>“<em>I'm excited to officially join Digimarc. The opportunity to help customers establish trust across the physical and digital worlds has never been more important. I look forward to working with our employees, customers, and partners to accelerate execution and create long-term value,</em>” said Carreiro.</p>
  </section>

  <section id="inducement" aria-labelledby="inducement-heading">
    <h2 id="inducement-heading"><strong>Inducement Grant</strong></h2>
    <p>The Compensation and Talent Management Committee of the Company’s Board of Directors has approved, as a material inducement to Mr. Carreiro entering into employment with the company, an LTIP Unit award in DMRC LLC, the Company’s subsidiary, that is intended to qualify as an “inducement grant” in accordance with Nasdaq Listing Rule 5635(c)(4). The LTIP Unit Award is comprised of (i) 307,400 Time-Vesting LTIP Units that will vest in fifteen equal quarterly installments of 19,213 Time-Vesting LTIP Units on each consecutive calendar quarter-end beginning on September 30, 2026, and one final quarterly installment of 19,205 Time-Vesting LTIP Units on June 30, 2030, in each case subject to Mr. Carreiro’s continued employment with the Company through each applicable vesting date, and (ii) 752,600 <em>Performance-Vesting LTIP Units</em> that will vest based on the achievement of certain Stock Price (as defined in the Inducement LTIP Unit Award Agreement) thresholds during the applicable performance period, in each case subject to Mr. Carreiro’s continued employment with the Company through the achievement of such Company common stock price threshold and through the end of the applicable performance period, as follows: (a) 33-1/3% of the Performance-Vesting LTIP Units will vest on the second anniversary of July 6, 2026 (the “Effective Date”) provided the Stock Price equals or exceeds <strong>$14.37</strong> during the period from the Effective Date through July 5, 2028, (b) 33-1/3% of the Performance-Vesting LTIP Units will vest on the third anniversary of the Effective Date provided the Stock Price equals or exceeds <strong>$21.92</strong> during the period from the Effective Date through July 5, 2029, and (c) 33-1/3% of the Performance-Vesting LTIP Units will vest on the fourth anniversary of the Effective Date provided the Stock Price equals or exceeds <strong>$38.33</strong> during the period from the Effective Date through July 5, 2030. A copy of the Inducement LTIP Unit Award Agreement with Mr. Carreiro is filed as an exhibit to the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission today.</p>
  </section>

  <section id="about" aria-labelledby="about-heading">
    <h2 id="about-heading">About Digimarc</h2>
    <p>Digimarc (NASDAQ: <strong>DMRC</strong>) is building the trust layer for the modern world. As AI accelerates how we produce, share, and interact with the world, the risks of fraud, counterfeiting, and misinformation are growing exponentially. Our innovative, highly scalable, and ultra-secure solutions make it possible for consumers, businesses, and intelligent systems to instantly verify what’s real, protect what matters, and transact with confidence. Digimarc’s solutions for loss prevention, authentication, and digital are built to counter the speed and sophistication of today’s AI-enabled threats. Trusted by the world’s central banks to deter the counterfeiting of global currency, we exist to protect truth in every interaction, spanning both the physical and digital worlds. Learn more at Digimarc.com.</p>
  </section>

  <section id="summary-facts" aria-labelledby="facts-heading">
    <h2 id="facts-heading">Key facts at a glance</h2>
    <ul>
      <li><strong>Executive appointment date</strong>: <strong>July 6, 2026</strong></li>
      <li><strong>New CEO and President</strong>: Paul Carreiro</li>
      <li><strong>Company</strong>: Digimarc</li>
      <li><strong>Stock symbol</strong>: <strong>DMRC</strong></li>
      <li><strong>Inducement LTIP Units (Time-Vesting)</strong>: 307,400</li>
      <li><strong>Vestings for Time-Vesting LTIP Units</strong>: fifteen equal quarterly installments of 19,213 Time-Vesting LTIP Units on each consecutive calendar quarter-end beginning on September 30, 2026; one final quarterly installment of 19,205 Time-Vesting LTIP Units on June 30, 2030</li>
      <li><strong>Inducement LTIP Units (Performance-Vesting)</strong>: 752,600</li>
      <li><strong>Performance thresholds</strong>: <em>Stock Price</em> thresholds of $14.37, $21.92, and $38.33; vesting on second, third, and fourth anniversaries respectively</li>
      <li><strong>Effective Date for vesting</strong>: July 6, 2026</li>
      <li><strong>Form filed</strong>: Inducement LTIP Unit Award Agreement filed as an exhibit to the Current Report on Form 8-K</li>
    </ul>
  </section>

  <section id="contact" aria-labelledby="contact-heading">
    <h2 id="contact-heading">Digimarc company contact</h2>
    <p><strong>Charles Beck</strong><br>Chief Financial Officer<br><a href="mailto:Charles.Beck@digimarc.com">Charles.Beck@digimarc.com</a><br><strong>+1 503-469-4721</strong></p>
  </section>
</article>

Digimarc named Paul Carreiro as CEO and President, effective July 6, 2026, with a substantial inducement LTIP award. The package covers 307,400 time-vesting LTIP Units and 752,600 performance-vesting LTIP Units, tied to multi-year stock-price hurdles through 2030. The 8-K filing highlights leadership transition and potential dilution risks alongside a long-term value-creation objective.

Paul Carreiro Assumes Role as Chief Executive Officer and President of Digimarc

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News