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 the disposal of 2,607 shares of common stock on February 27, 2024, to cover tax obligations.
Summary
- On February 27, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., disposed of 2,607 shares of common stock.
- The transaction was executed at a price of $3.36 per share.
- Following the transaction, Stone directly owns 1,709,308 shares of Digital Turbine.
- The disposal was related to covering tax obligations.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, as it's a factual report.
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 alignment with company performance.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock disposal transaction |
| 02/28/2024 | Date of signature on the Form 4 filing |
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