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 November 1, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., disposed of 244 shares of common stock to cover tax obligations.
- The transaction was executed at a price of $3.16 per share.
- Following the transaction, Stone directly owns 1,571,919 shares of Digital Turbine common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. This transaction is related to tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by the CEO to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock disposal transaction. |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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