Form 4: Digital Turbine CEO William Gordon Stone III Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
William Gordon Stone III, CEO of Digital Turbine, Inc., disposed of 1,617 shares of common stock on August 22, 2024, to cover tax obligations upon vesting.
Summary
- On August 22, 2024, William Gordon Stone III, the CEO of Digital Turbine, Inc., reported a transaction involving the disposal of 1,617 shares of common stock.
- The shares were disposed of to cover tax obligations related to the vesting of units.
- The transaction was executed at a price of $3.61 per share.
- Following the transaction, Stone directly owns 1,574,792 shares of Digital Turbine.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by an insider to cover tax obligations, and it doesn't inherently indicate positive or negative 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 standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of stock disposal transaction. |
| 08/23/2024 | Date of signature on the SEC Form 4 filing. |
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