Company: DMRC
Filing Date: 2025-03-25
Form Type: DEF 14A
Source: 0001437749-25-009135
Chunk: 49

Company: Digimarc CORP
Filing Date: 2025-03-25
Form: DEF 14A
Chunk 49
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|----------:|:----|:--------------------------|----------:|
| Riley McCormack (1)  |     | $                         | 1,050,000 |     | $                         | 1,050,000 |
| Charles Beck         |     | $                         |   375,000 |     | $                         |   375,000 |
| Tom Benton (3)       |     | $                         |         — |     | $                         |   300,000 |
| George Karamanos (4) |     | $                         |         — |     | $                         |   350,000 |
| Tony Rodriguez       |     | $                         |   350,000 |     | $                         |   350,000 |

| (1) | Mr. McCormack’s LTI was awarded 100% in PSUs. |

| (2) | For the other named executive officers, the portion of LTI in the form of PSUs was 50%. |

| (3) | Mr. Benton began service as Chief Revenue Officer on September 25, 2023. |

| (4) | Mr. Karamanos began service as Chief Legal Officer on April 9, 2024. |

The Compensation Committee believes that equity compensation is the primary tool that aligns the interests of Company executives with the shareholders. The bulk of many of Digimarc’s officers’ net worth is in Digimarc shares, driving increased incentive to meet or exceed deliverables and key performance indicators. Executives are provided an increasing return if the market price of our common stock appreciates, creating an incentive to increase shareholder value, and executives feel the pain that the shareholders feel if the stock price decreases. All executives have robust stock ownership requirements (as described under Other Compensation Practices and Policies – Stock Ownership Guidelines).

Benefits

No Perquisites. We do not provide perquisites or other personal benefits to our named executive officers, other than those benefits provided to all other employees. The Company does not engage in lending, gross-ups, or other questionable compensation practices.

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Other Compensation Practices and Policies</div>

Stock Ownership Guidelines

Our directors and named executive officers are subject to robust stock ownership guidelines. Under our guidelines, we require named executive officers and directors to own Company stock as a means of supporting alignment with the interests of our long-term shareholders. Our stock ownership guidelines are described in the section entitled Officer and Director Stock Ownership Guidelines on pages9-10.

Insider