Form 4: Digital Turbine Executive Kinsell Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Digital Turbine's Chief Accounting Officer, Joshua Kinsell, disposed of shares to cover tax obligations upon vesting on January 8, 2025.
Summary
- On January 8, 2025, Joshua Kinsell, the Chief Accounting Officer of Digital Turbine, Inc., disposed of 6,896 shares of common stock.
- The transaction was executed to cover tax obligations upon vesting.
- The price per share was $1.85.
- Following the transaction, Kinsell directly owns 280,365 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Date of transaction: Joshua Kinsell disposed of shares. |
| 01/10/2025 | Date of signature on the Form 4 filing. |
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