Form 4: Digital Turbine CFO Reports Tax-Related Stock Disposition

Digital Turbine CFO Stephen Andrew Lasher disposed of 15,096 shares to satisfy tax obligations related to equity vesting.

Summary

• CFO Stephen Andrew Lasher disposed of 15,096 shares of Digital Turbine (APPS) common stock.
• The transaction occurred on May 6, 2026, at a price of $3.98 per share.
• The disposition was a mandatory tax withholding event upon the vesting of equity units, not an open-market sale.
• Following this transaction, the CFO retains beneficial ownership of 423,531 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a routine administrative requirement for tax obligations rather than a strategic market move.

Positives

• The transaction was a routine administrative tax withholding event rather than a discretionary divestment of shares.

Negatives

• The reduction in total shares held by the CFO, albeit for tax purposes, decreases the executive's direct equity stake.

Risks

• Continued volatility in the share price of APPS could impact the value of remaining executive holdings.

Future Outlook

No forward-looking guidance or strategic outlook was provided in this regulatory filing.

Industry Context

StockSavvy.ai notes that tax-related withholding transactions are standard corporate governance procedures for executives and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard industry practice for executive compensation and tax compliance among publicly traded technology firms.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was a non-discretionary tax withholding event.

Key Dates

Keywords

Digital Turbine, APPS, Insider Trading, Form 4, CFO, Equity Vesting