Form 4: Digital Turbine CAO Sells Shares for Tax Obligations
Insider Transaction Report
Digital Turbine's Chief Accounting Officer, Joshua Kinsell, disposed of 5,663 shares of common stock to cover tax obligations upon vesting.
Summary
- Joshua Kinsell, Chief Accounting Officer of Digital Turbine, Inc. (APPS), reported a transaction involving the company's common stock.
- On October 8, 2025, Kinsell disposed of 5,663 shares of common stock.
- The disposal was made at a price of $6.83 per share.
- This transaction was specifically for tax withholding purposes upon the vesting of units, and no corresponding shares of common stock were issued.
- Following this reported transaction, Kinsell directly beneficially owns 289,007 shares of Digital Turbine common stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction for tax purposes upon vesting of equity awards, which is a neutral event regarding the company's operational performance or outlook.
Future Outlook
N/A. This filing is a report of an insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
This Form 4 filing reports a routine insider transaction related to tax obligations upon the vesting of equity awards. It does not provide information relevant to broader industry trends or competitive analysis within the ad-tech or mobile app monetization sectors where Digital Turbine operates.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary sale by an executive to cover tax liabilities associated with vested equity awards.
- No direct impact on employees, customers, suppliers, or creditors from this specific transaction.
Key Dates
| Date | Description |
|---|---|
| 10/08/2025 | Date of transaction where 5,663 shares were disposed for tax withholding upon vesting. |
| 10/10/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
Digital Turbine, APPS, Joshua Kinsell, Form 4, Insider Transaction, Share Disposal, Tax Withholding, Chief Accounting Officer
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