Form 4: Digital Turbine CEO William Gordon Stone III Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Digital Turbine's CEO, William Gordon Stone III, disposed of 1,969 common stock units on February 21, 2025, to cover tax obligations upon vesting.
Summary
- William Gordon Stone III, the CEO of Digital Turbine, Inc., reported a transaction involving the disposal of common stock.
- On February 21, 2025, Stone disposed of 1,969 shares of common stock at a price of $4.23.
- This transaction was executed to cover tax obligations arising from the vesting of stock units.
- Following the transaction, Stone directly owns 1,665,407 shares of Digital Turbine common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the transaction.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of the transaction where shares were disposed of. |
| 02/24/2025 | Date of signature on the Form 4 filing. |
Keywords
Digital Turbine, William Gordon Stone III, Form 4, Stock Disposal, Beneficial Ownership, Tax Obligations, APPS
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