Form 4: Digital Turbine CEO William Gordon Stone III Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Digital Turbine's CEO, William Gordon Stone III, disposed of shares to cover tax obligations upon vesting.
Summary
- On February 28, 2025, William Gordon Stone III, the CEO of Digital Turbine, Inc., disposed of 297 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $3.43 per share.
- Following the transaction, Stone directly owns 1,662,503 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 executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of by the CEO to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock disposal transaction |
| 03/03/2025 | Date of signature on the Form 4 filing |
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