Form 4: Digital Turbine CTO Sells Shares for Tax Obligations

Digital Turbine's Chief Technology Officer, Senthilkumaran Kanagaratnam, disposed of 4,020 shares of common stock to cover tax withholding obligations upon vesting.

Summary

• Senthilkumaran Kanagaratnam, Chief Technology Officer of Digital Turbine, Inc. (APPS), reported an insider transaction.
• On November 7, 2025, 4,020 shares of Digital Turbine common stock were disposed of.
• The disposition was made to satisfy tax withholding obligations upon the vesting of equity units.
• The shares were disposed at a price of $5.99 per share.
• Following this transaction, Mr. Kanagaratnam beneficially owns 129,614 shares of Digital Turbine common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes upon equity vesting, which is a common occurrence for executives and does not indicate a change in company fundamentals or management's sentiment towards the company.

Future Outlook

N/A

Industry Context

This is a routine insider transaction related to tax obligations upon the vesting of equity, which is a common occurrence for executives across all industries receiving equity compensation. It does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes and represents a small fraction of the executive's total holdings and the company's outstanding shares.

Key Dates

Keywords

Digital Turbine, APPS, Insider Transaction, Form 4, Senthilkumaran Kanagaratnam, Chief Technology Officer, Stock Sale, Tax Withholding