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 on April 1, 2025.
Summary
- On April 1, 2025, William Gordon Stone III, the CEO of Digital Turbine, Inc., reported a transaction involving the disposal of common stock.
- The transaction was executed to cover tax obligations upon the vesting of units.
- Stone disposed of 244 shares at a price of $2.82.
- Following the transaction, Stone directly owns 1,762,259 shares of Digital Turbine's common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to stock vesting.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the CEO's holdings and relates to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of the stock disposal transaction. |
| 04/02/2025 | Date of signature for the Form 4 filing. |
Keywords
Digital Turbine, William Gordon Stone III, Form 4, Stock Disposal, Beneficial Ownership, Tax Obligations, APPS
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