Form 4: Digital Turbine CEO Sells Shares for Tax Obligations
Insider Trading Report
Digital Turbine's CEO, William Gordon Stone III, disposed of 2,141 shares of common stock valued at $4.69 per share to cover tax liabilities upon vesting.
Summary
- William Gordon Stone III, Chief Executive Officer and Director of Digital Turbine, Inc. (APPS), reported a transaction on November 26, 2025.
- The transaction involved the disposition of 2,141 shares of Digital Turbine Common Stock.
- The shares were disposed of at a price of $4.69 per share.
- This disposition was made to the issuer (Digital Turbine) to satisfy tax withholding obligations upon the vesting of equity awards.
- Following this transaction, Mr. Stone beneficially owns 1,752,114 shares of Digital Turbine Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine disposition for tax purposes upon vesting of equity awards, which is a neutral event and does not indicate a change in management's outlook or company performance.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction related to equity compensation and tax obligations, which is common across all industries and does not reflect specific industry trends.
Related Party Transactions
- Disposition of shares by CEO William Gordon Stone III to Digital Turbine, Inc. to cover tax liabilities upon vesting of equity awards.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, small-scale transaction for tax purposes, not a discretionary sale.
Key Dates
| Date | Description |
|---|---|
| 11/26/2025 | Date of transaction where shares were disposed of for tax liability. |
| 12/01/2025 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed and filed. |
Keywords
Digital Turbine, APPS, Form 4, Insider Transaction, Stock Sale, CEO, Tax Withholding, Equity Vesting
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