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 May 1, 2025, William Gordon Stone III, the CEO of Digital Turbine, Inc., reported a transaction involving the disposal of 244 shares of common stock.
- The disposal was executed to cover tax obligations upon the vesting of units.
- The price per share was $3.01.
- Following the transaction, Stone directly owns 1,762,015 shares of Digital Turbine.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing relates to a routine transaction for tax purposes and doesn't inherently indicate positive or negative news about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment with company performance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small disposal of shares by the CEO for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of stock disposal transaction |
| 05/02/2025 | Date of signature on the Form 4 filing |
Keywords
Digital Turbine, APPS, William Gordon Stone III, Form 4, SEC, Stock Disposal, Tax Obligations, Insider Trading
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