Amendment No. 4 to Schedule 13D for Direct Digital Holdings, Inc.

This filing, Amendment No. 4 to Schedule 13D, concerns Direct Digital Holdings, Inc. and its Class A Common Stock. The amendment is jointly filed by Direct Digital Management, LLC, AJN Energy & Transport Ventures, LLC, SKW Financial LLC, Keith Smith, and Mark Walker. The filing reflects changes in beneficial ownership percentages due to an increase in the number of outstanding shares and recent transactions by the reporting persons. Direct Digital Management holds 9,275,500 Class A Common Units, exchangeable for Class A Common Stock. AJN Energy & Transport Ventures, LLC and SKW Financial LLC received shares from Direct Digital Management. Keith Smith and Mark Walker, as President and Chairman/CEO respectively, also engaged in transactions and hold shares/options. The reporting persons acquired and disposed of securities for investment purposes and, in the case of Smith and Walker, as compensation for their services. They may further acquire, sell, or engage in discussions regarding extraordinary corporate transactions involving the Issuer.