RTB Digital, Inc. (RTB) shareholders
RTBNasdaqServices-Management Consulting ServicesFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q/A on Sep 16, 2026Score 4/3020% above fair value
$5.53−0.05 (-0.90%)
Close on Nov 12, 2026Market cap $77.47MP/E –Yield –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
5.2%
1M of 14M shares
Institutional holders
18
6 new, 1 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
2 buys · 0 sales
Net bought $288.36K
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| Rtb Digital Inc. | 7,202,092 | 16.60% | 13D (active) amendment | Oct 29, 2025 |
| Comer James Lamar Walton | 4,504,276 | 31.70% | 13D (active) | May 12, 2026 |
| Dorsett Jason Christopher | 4,204,028 | 30.00% | 13D (active) amendment | Sep 21, 2026 |
| Arena Investors, LP Joint filing with Arena Investors GP, LLC (9.99%), Arena Special Opportunities Partners III, LP (9.99%) and 1 more | 3,526,114 | 9.99% | 13G (passive) amendment | Sep 30, 2025 |
| Dawson Wendy Rae | 1,250,000 | 7.80% | 13G (passive) amendment | Jul 21, 2025 |
| CVI Investments, Inc. Joint filing with Heights Capital Management, Inc. (9.90%) | 926,868 | 9.90% | 13G (passive) amendment | Mar 31, 2025 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of RTB | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| Armistice Capital, LLC | 350,000 | 2.50% | $5.28M | New | 0.06% |
| Geode Capital Management, LLC | 156,876 | 1.12% | $2.37M | +139,809 | 0.00% |
| State Street Corp | 44,979 | 0.32% | $678.28K | New | 0.00% |
| Millennium Management LLC | 41,939 | 0.30% | $632.44K | New | 0.00% |
| BlackRock, Inc. | 31,587 | 0.23% | $476.33K | +31,215 | 0.00% |
| Northern Trust Corp | 29,487 | 0.21% | $444.66K | New | 0.00% |
| Vanguard Capital Management LLC | 20,093 | 0.14% | $303.00K | +12,742 | 0.00% |
| NewEdge Advisors, LLC | 20,039 | 0.14% | $302.19K | – | 0.00% |
| Jane Street Group, LLC | 15,125 | 0.11% | $228.09K | New | 0.00% |
| Vanguard Fiduciary Trust Co | 10,837 | 0.08% | $163.42K | +5,820 | 0.00% |
| UBS Group AG | 2,801 | 0.02% | $42.24K | +2,726 | 0.00% |
| Royal Bank of Canada | 1,271 | 0.01% | $19.00K | +284 | 0.00% |
| Osaic Holdings, Inc. | 492 | 0.00% | $7.42K | −9 | 0.00% |
| Vanguard Global Advisers, LLC | 20 | 0.00% | $302 | – | 0.00% |
| Morgan Stanley | 11 | 0.00% | $166 | – | 0.00% |
| Wolff Wiese Magana LLC | 8 | 0.00% | $121 | −12 | 0.00% |
| Integrated Wealth Concepts LLC | 7 | 0.00% | $105 | New | 0.00% |
| Bnp Paribas Arbitrage, Snc | 3 | 0.00% | $45 | −1 | 0.00% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 18 | 1M | 5.2% | 6 / 6 | 3 / 1 | 1M | 0M |
| Q1 2026 | 13 | 0M | 0.4% | 5 / 3 | 4 / 14 | 0M | 0M |
| Q4 2025 | 23 | 0M | 0.4% | 8 / 8 | 3 / 5 | 0M | 0M |
| Q3 2025 | 20 | 0M | 0.1% | 3 / 4 | 4 / 8 | 0M | 0M |
| Q2 2025 | 25 | 0M | 0.1% | 7 / 5 | 3 / 1 | 0M | 0M |
| Q1 2025 | 19 | 0M | 0.0% | 3 / 4 | 3 / 5 | 0M | 0M |
| Q4 2024 | 21 | 0M | 0.1% | 7 / 3 | 4 / 2 | 0M | 0M |
| Q3 2024 | 17 | 0M | 0.0% | 4 / 1 | 3 / 3 | 0M | 0M |
| Q2 2024 | 18 | 0M | 0.1% | 2 / 3 | 6 / 7 | 0M | 0M |
| Q1 2024 | 23 | 0M | 0.0% | 5 / 2 | 5 / 3 | 0M | 0M |
| Q4 2023 | 21 | 0M | 0.1% | 7 / 4 | 4 / 3 | 0M | 0M |
| Q3 2023 | 17 | 0M | 0.0% | 17 / 0 | 0 / 0 | 0M | 0M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
5 funds held RTB in Q2 2026, 68% of their shares through ETFs. Each fund counts once per quarter, from its quarter-end report.
| Fund | Shares | % of RTB | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Extended Market Index Fund | 19,734 | 0.14% | $297.59K | 0.00% | Jun 30, 2026 |
| Fidelity Extended Market Index Fund | 7,347 | 0.05% | $33.43K | 0.00% | May 31, 2026 |
| Fidelity Series Total Market Index Fund | 1,674 | 0.01% | $7.62K | 0.00% | May 31, 2026 |
| Fidelity Total Market Index Fund | 249 | 0.00% | $1.13K | 0.00% | May 31, 2026 |
| Fidelity Nasdaq Composite Index Fund | 74 | 0.00% | $337 | 0.00% | May 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Alykhan Madhavji | Chief Financial Officer, Director, 10% owner | 1,449,354 | 10.35% | Jun 22, 2026 |
| James Charles Heckman Jr | Chief Executive Officer, Director | 259,933 | 1.86% | Jun 15, 2026 |
| Fredi Nisan | Chief Executive Officer, Director | 21,018,051 | 150.04% | Aug 27, 2025 |
| Ben Errez | Chairman of Board of Directors, 10% owner | 21,129,770 | 150.84% | Aug 27, 2025 |
| William Carrier Sornsin Jr | Chief Operating Officer | 127,314 | 0.91% | Jun 8, 2026 |
| George Oliva | Chief Financial Officer | 246,822 | 1.76% | Aug 27, 2025 |
| Zechariah John Kirscher | VP of Legal Affairs | 80,880 | 0.58% | Aug 27, 2025 |
| James Lamar Walton Comer | Director | 3,547,936 | 25.33% | Jun 15, 2026 |
| Michael Lewis Alexander | Director | 53,048 | 0.38% | Jun 8, 2026 |
| David F. Bailey | Director | 418,972 | 2.99% | Jun 1, 2026 |
| Steven C. Fletcher | Director | 690 | 0.00% | May 21, 2026 |
| Gene P. Jones | Director | – | – | Oct 24, 2025 |
| Tod Browndorf | Director | – | – | Oct 21, 2025 |
| Brett Moyer | Director | – | – | Sep 12, 2025 |
| Ezra Laniado | Director | 1,713 | 0.01% | Jun 6, 2025 |
| David Montoya | Director | 50,571 | 0.36% | Feb 21, 2025 |
| Jason Christopher Dorsett | 10% owner | 4,204,028 | 30.01% | Sep 23, 2026 |
| Digital Inc. Rtb | 10% owner | 50,000 | 0.36% | Dec 5, 2025 |
| Global Fintech & Regtech Fund S8 | 10% owner | 3,604,845 | 25.73% | Jul 17, 2025 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jason Christopher Dorsett 10% owner | Sep 21, 2026 | Buy | +11,000 | $8.32 | $91.52K | 4,204,028 |
| Jason Christopher Dorsett 10% owner | Sep 17, 2026 | Buy | +19,000 | $10.36 | $196.84K | 4,193,028 |
| Alykhan Madhavji Chief Financial Officer, Director, 10% owner | Jun 4, 2026 | Option exercise | +145,881 | $1.89 | $275.72K | 233,410 |
| Steven C. Fletcher Director | May 21, 2026 | Other | +690 | – | – | 690 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 20, 2025 | Award | +17,241 | $0.29 | $5.00K | 2,413,677 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 20, 2025 | Award | +14,705 | $0.34 | $5.00K | 2,396,436 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 20, 2025 | Award | +7,352 | $0.68 | $5.00K | 2,381,731 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 20, 2025 | Award | +7,142 | $0.70 | $5.00K | 2,374,379 |
| Fredi Nisan Chief Executive Officer, Director | Aug 20, 2025 | Award | +7,142 | $0.70 | $5.00K | 2,372,739 |
| Fredi Nisan Chief Executive Officer, Director | Aug 20, 2025 | Award | +7,352 | $0.68 | $5.00K | 2,380,091 |
| Fredi Nisan Chief Executive Officer, Director | Aug 20, 2025 | Award | +14,705 | $0.34 | $5.00K | 2,394,796 |
| Fredi Nisan Chief Executive Officer, Director | Aug 20, 2025 | Award | +17,241 | $0.29 | $5.00K | 2,412,037 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 18, 2025 | Tax withholding | −5,666 | $0.32 | $1.81K | 2,372,903 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 18, 2025 | Tax withholding | −5,666 | $0.32 | $1.81K | 2,367,237 |
| George Oliva Chief Financial Officer | Aug 18, 2025 | Tax withholding | −8,111 | $0.32 | $2.60K | 246,822 |
| Zechariah John Kirscher VP of Legal Affairs | Aug 18, 2025 | Tax withholding | −2,084 | $0.32 | $667 | 80,880 |
| Fredi Nisan Chief Executive Officer, Director | Aug 18, 2025 | Tax withholding | −5,666 | $0.32 | $1.81K | 2,371,263 |
| Fredi Nisan Chief Executive Officer, Director | Aug 18, 2025 | Tax withholding | −5,666 | $0.32 | $1.81K | 2,365,597 |
| Ben Errez Chairman of Board of Directors, 10% owner | Aug 14, 2025 | Tax withholding | −532 | $0.30 | $160 | 2,378,569 |
| Fredi Nisan Chief Executive Officer, Director | Aug 14, 2025 | Tax withholding | −181 | $0.30 | $54 | 2,376,929 |
| Ben Errez Chairman of Board of Directors, 10% owner | Jul 29, 2025 | Tax withholding | −505 | $0.30 | $152 | 2,379,101 |
| Global Fintech & Regtech Fund S8 10% owner | Jul 16, 2025 | Buy | +200,000 | $0.36 | $72.00K | 3,604,845 |
| Global Fintech & Regtech Fund S8 10% owner | Jul 1, 2025 | Sale | −100,000 | $0.83 | $83.00K | 3,404,845 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 30, 2025 | Buy | +14,491 | $0.80 | $11.59K | 3,504,845 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 27, 2025 | Buy | +100,000 | $0.79 | $79.00K | 3,490,354 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 26, 2025 | Buy | +100,000 | $0.88 | $88.00K | 3,390,354 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 25, 2025 | Buy | +3,354 | $0.77 | $2.58K | 3,290,354 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 24, 2025 | Buy | +100,000 | $0.80 | $80.00K | 3,287,000 |
| Global Fintech & Regtech Fund S8 10% owner | Jun 23, 2025 | Buy | +100,000 | $0.75 | $75.00K | 3,187,000 |
| George Oliva Chief Financial Officer | Jun 20, 2025 | Tax withholding | −25,619 | $0.72 | $18.45K | 254,933 |
| Ezra Laniado Director | Jun 5, 2025 | Sale | −621 | $0.95 | $590 | 1,713 |
| Ezra Laniado Director | Jun 4, 2025 | Sale | −15,000 | $0.39 | $5.85K | 2,334 |
| Fredi Nisan Chief Executive Officer, Director | May 30, 2025 | Tax withholding | −33,992 | $0.56 | $19.04K | 2,377,110 |
| Ben Errez Chairman of Board of Directors, 10% owner | May 30, 2025 | Tax withholding | −33,992 | $0.58 | $19.72K | 2,379,606 |
| Zechariah John Kirscher VP of Legal Affairs | May 30, 2025 | Tax withholding | −7,650 | $0.58 | $4.44K | 82,964 |
| Zechariah John Kirscher VP of Legal Affairs | Apr 8, 2025 | Award | +45,000 | $0.79 | $35.55K | 90,614 |
| Zechariah John Kirscher VP of Legal Affairs | Apr 8, 2025 | Award | +45,000 | $0.79 | $35.55K | 45,614 |
| George Oliva Chief Financial Officer | Apr 8, 2025 | Award | +136,000 | $0.79 | $107.44K | 144,552 |
| George Oliva Chief Financial Officer | Apr 8, 2025 | Award | +136,000 | $0.79 | $107.44K | 280,552 |
| Ben Errez Chairman of Board of Directors, 10% owner | Apr 8, 2025 | Award | +190,000 | $0.79 | $150.10K | 2,223,598 |
| Ben Errez Chairman of Board of Directors, 10% owner | Apr 8, 2025 | Award | +190,000 | $0.79 | $150.10K | 2,413,598 |
| Fredi Nisan Chief Executive Officer, Director | Apr 8, 2025 | Award | +190,000 | $0.79 | $150.10K | 2,221,102 |
| Fredi Nisan Chief Executive Officer, Director | Apr 8, 2025 | Award | +190,000 | $0.79 | $150.10K | 2,411,102 |
| David Montoya Director | Feb 15, 2025 | Award | +3,968 | $1.26 | $5.00K | 50,571 |
| Fredi Nisan Chief Executive Officer, Director | Feb 15, 2025 | Award | −3,968 | $1.26 | $5.00K | 2,031,102 |
| Ben Errez Chairman of Board of Directors, 10% owner | Feb 15, 2025 | Award | +3,968 | $1.26 | $5.00K | 2,033,598 |
| Ben Errez Chairman of Board of Directors, 10% owner | Jan 30, 2025 | Award | +3,816 | $1.31 | $5.00K | 2,029,630 |
| David Montoya Director | Jan 15, 2025 | Award | +3,816 | $1.31 | $5.00K | 46,603 |
| Fredi Nisan Chief Executive Officer, Director | Dec 31, 2024 | Tax withholding | −10,955 | $1.30 | $14.24K | 2,027,134 |
| Ben Errez Chairman of Board of Directors, 10% owner | Dec 31, 2024 | Tax withholding | −10,955 | $1.30 | $14.24K | 2,025,814 |
| David Montoya Director | Dec 15, 2024 | Award | +3,571 | $1.40 | $5.00K | 42,787 |
| Fredi Nisan Chief Executive Officer, Director | Dec 15, 2024 | Tax withholding | −475 | $1.40 | $665 | 2,038,089 |
| Ben Errez Chairman of Board of Directors, 10% owner | Dec 15, 2024 | Tax withholding | −817 | $1.40 | $1.14K | 2,036,769 |
| Fredi Nisan Chief Executive Officer, Director | Nov 15, 2024 | Tax withholding | −474 | $1.24 | $588 | 2,038,564 |
| Ben Errez Chairman of Board of Directors, 10% owner | Nov 15, 2024 | Tax withholding | −821 | $1.24 | $1.02K | 2,037,586 |
| David Montoya Director | Nov 15, 2024 | Award | +4,032 | $1.24 | $5.00K | 39,216 |
| Ben Errez Chairman of Board of Directors, 10% owner | Oct 15, 2024 | Tax withholding | −648 | $1.97 | $1.28K | 2,038,407 |
| Fredi Nisan Chief Executive Officer, Director | Oct 15, 2024 | Tax withholding | −377 | $1.97 | $743 | 2,039,038 |
| David Montoya Director | Oct 15, 2024 | Award | +2,358 | $1.97 | $4.65K | 35,184 |
| David Montoya Director | Sep 15, 2024 | Award | +4,672 | $1.07 | $5.00K | 32,826 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Short interest
Shares sold short and not yet bought back, as of Oct 30, 2026 (FINRA, reported twice a month)
Short % of shares outstanding
1.33%
0M shares short
Days to cover
4.9
At 0M shares a day
Change since last report
-12.5%
From 0M shares
Short volume, 20 days
41.9%
Of volume reported to FINRA
Shares sold short, last 6 months
Short sale volume counts trades marked short on any given day, including market-maker hedging, so it runs far higher than the share of RTB Digital's stock actually held short. Settlement fails (shares not delivered on time) peaked at 113,625 shares on Sep 21, 2026 over the last 90 days.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Global Fintech & Regtech Fund S8 10% owner | Aug 13, 2025 | 100,000 | $82.74K | Jul 1, 2025 | open market |
| GreenBox POS LLC Affiliate | May 24, 2024 | 723,875 | $962.75K | Jun 3, 2024 | Founder Shares |
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