Form 4: Digital Turbine CEO William Gordon Stone III Reports Stock Disposal
SEC Form 4 Filing
William Gordon Stone III, CEO of Digital Turbine, Inc., reported disposing of 2,141 shares of common stock on May 24, 2024, to cover tax obligations.
Summary
- On May 24, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., disposed of 2,141 shares of common stock.
- The transaction was executed at a price of $2.14 per share.
- Following the transaction, Stone directly owns 1,699,864 shares of Digital Turbine.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock disposal for tax purposes. It doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders, like the CEO, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small percentage of the CEO's holdings and likely related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/24/2024 | Date of stock disposal transaction |
| 05/28/2024 | Date of signature on the report |
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