Form 4: Digital Turbine CEO Sells Shares for Tax Obligations

Digital Turbine CEO William Gordon Stone III disposed of 1,617 shares of common stock to cover tax liabilities related to equity vesting.

Summary

• William Gordon Stone III, Chief Executive Officer and Director of Digital Turbine, Inc. (APPS), reported a transaction.
• On November 21, 2025, 1,617 shares of Digital Turbine common stock were disposed of.
• This disposition was made to satisfy tax obligations upon the vesting of equity units.
• The shares were disposed of at a price of $4.34 per share.
• Following this transaction, William Gordon Stone III beneficially owns 1,754,255 shares of Digital Turbine common stock.

Sentiment

Score: 5

Explanation: This Form 4 reports a routine disposition of shares by the CEO to cover tax obligations upon the vesting of equity awards, which is a common administrative event and does not indicate a change in company fundamentals or management's outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, tax-related disposition of a small portion of the CEO's overall holdings, not indicative of a change in confidence or company performance.

Key Dates

Recommendation

This Form 4 details a routine, tax-related disposition of shares by the CEO upon equity vesting. Such transactions are common for executives and do not typically signal a change in the company's fundamental outlook or the executive's confidence. Therefore, it provides no new information to warrant a change in investment recommendation.

Keywords

Digital Turbine, APPS, Form 4, Insider Transaction, CEO, Equity Vesting, Tax Liability, Stock Sale