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 244 shares of common stock on May 1, 2024.
Summary
- On May 1, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., disposed of 244 shares of common stock.
- The transaction was executed at a price of $1.94 per share.
- Following the transaction, Stone directly owns 1,708,470 shares of Digital Turbine's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock disposal, which doesn't inherently indicate positive or negative sentiment. It's a factual report of a transaction.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- Shareholders may interpret the stock disposal as a signal, although it's a relatively small transaction compared to Stone's total holdings.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of the stock disposal transaction |
| 05/03/2024 | Date of signature on the Form 4 filing |
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