Form 4: Digital Turbine Director Michelle Sterling Acquires 7,000 Shares

Digital Turbine director Michelle Sterling purchased 7,000 shares of common stock at $1.43 per share on November 27, 2024.

Summary

• Michelle Sterling, a director at Digital Turbine, Inc., acquired 7,000 shares of common stock on November 27, 2024.
• The purchase price was $1.43 per share.
• Following the transaction, Ms. Sterling directly owns 116,304 shares and indirectly owns 24,640 shares through a trust.
• Ms. Sterling disclaims beneficial ownership of the shares held by the trust except to the extent of her pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the transaction is not large enough to significantly impact the stock.

Positives

• A director's purchase of shares can be seen as a positive signal of confidence in the company's future prospects.

Industry Context

This is a standard SEC Form 4 filing, which is a routine disclosure for corporate insiders who trade their company's stock. It does not indicate any specific industry trend.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is a relatively small purchase by a director, which is not unusual.

Stakeholder Impact

• The purchase may have a slightly positive impact on shareholder sentiment.

Key Dates

Keywords

Digital Turbine, Director, Share Purchase, Insider Trading, Form 4, Michelle Sterling, Stock Acquisition