Form 4: Digital Turbine CAO Sells Shares for Tax Obligation

Digital Turbine's Chief Accounting Officer, Joshua Kinsell, disposed of 533 shares of common stock to cover tax liabilities related to vesting units.

Summary

• Joshua Kinsell, Chief Accounting Officer of Digital Turbine, Inc. (APPS), reported a transaction involving the company's common stock.
• On August 21, 2025, Kinsell disposed of 533 shares of Digital Turbine common stock.
• The shares were disposed of at a price of $4.03 per share.
• This transaction was conducted to cover tax liabilities upon the vesting of units, with no corresponding shares of common stock issued.
• Following this disposition, Joshua Kinsell beneficially owns 294,670 shares of Digital Turbine common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares to cover tax obligations upon vesting of equity awards, which is a common practice and does not indicate a change in management's outlook or company fundamentals.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is specific to an individual executive's stock transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: Minimal direct impact as the transaction is a routine disposition for tax purposes and represents a small fraction of the executive's holdings and the company's outstanding shares.

Key Dates

Recommendation

This Form 4 reports a routine disposition of a small number of shares by an executive to cover tax obligations upon vesting. Such transactions are common and generally do not reflect a change in the company's fundamentals or the executive's long-term view, thus not warranting a change from a 'hold' recommendation based solely on this filing.

Keywords

Digital Turbine, APPS, Joshua Kinsell, Form 4, Insider Transaction, Stock Sale, Tax Liability, Common Stock, Chief Accounting Officer