Form 4: Digital Turbine CEO Disposes Shares for Tax Obligations

Digital Turbine's CEO, William Gordon Stone III, disposed of 2,141 shares of common stock to cover tax liabilities upon vesting.

Summary

• William Gordon Stone III, CEO and Director of Digital Turbine, Inc. (APPS), reported a disposition of common stock.
• On September 3, 2025, 2,141 shares of Digital Turbine common stock were disposed of at a price of $4.19 per share.
• The disposition was made in lieu of taxes owed upon the vesting of units, meaning no corresponding shares were issued in connection with this transaction.
• Following this transaction, Mr. Stone beneficially owns 1,755,872 shares of Digital Turbine common stock directly.

Sentiment

Score: 5

Explanation: The filing is neutral as it reports a routine, non-discretionary transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The transaction represents a routine administrative event related to executive compensation and tax obligations, not a discretionary sale of shares.
• The CEO retains a substantial beneficial ownership of 1,755,872 shares, indicating continued alignment with shareholder interests.

Negatives

• No direct negative operational or financial implications for the company are indicated by this routine tax-related disposition.

Risks

• This filing does not introduce new or specific risks to the company's operations or financial health.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The filing includes the signature of William Gordon Stone III, confirming the accuracy of the reported transaction.

Industry Context

This is a standard insider transaction filing (Form 4) reporting a tax-related disposition of shares by an executive. Such transactions are common across all industries for executives receiving equity compensation and do not typically reflect specific industry trends or competitive positioning.

Comparison to Industry Standards

• The disposition of shares to cover tax liabilities upon vesting is a standard practice for executives receiving equity-based compensation across publicly traded companies, aligning with common compensation structures in the technology and media sectors.
• The reported price of $4.19 per share reflects the market value at the time of the transaction, which is consistent with how such dispositions are valued in the industry.

Stakeholder Impact

• Shareholders: Provides transparency regarding executive stock ownership and routine compensation-related transactions. The CEO's continued significant holdings may be viewed positively.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated.

Next Steps

• No specific future actions or milestones are mentioned in this routine insider transaction report.

Key Dates

Keywords

Digital Turbine, APPS, Form 4, Insider Transaction, CEO, Stock Disposition, Tax Withholding, Executive Compensation