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 of units.
Summary
- On January 31, 2025, William Gordon Stone III, the CEO of Digital Turbine, Inc., reported a transaction involving common stock.
- Stone disposed of 297 shares of common stock at a price of $2.62.
- This transaction was executed to cover tax obligations upon the vesting of units.
- Following the transaction, Stone directly owns 1,667,376 shares of Digital Turbine's common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions by an insider, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small disposal of shares by the CEO to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of the stock disposal transaction |
| 02/03/2025 | Date of signature for the Form 4 filing |
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