Form 4: Digital Turbine Executive Kinsell Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Joshua Kinsell, Chief Accounting Officer of Digital Turbine, Inc., disposed of 5,663 shares of common stock on October 8, 2024, to cover tax obligations upon vesting.
Summary
- On October 8, 2024, Joshua Kinsell, the Chief Accounting Officer of Digital Turbine, Inc., disposed of 5,663 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of units.
- The shares were disposed of at a price of $3.03 per share.
- Following the transaction, Kinsell directly owns 266,991 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency when company insiders trade their company's stock. It is not necessarily indicative of the company's performance.
Key Dates
| Date | Description |
|---|---|
| 10/08/2024 | Date of transaction: Joshua Kinsell disposed of 5,663 shares of common stock. |
| 10/09/2024 | Date of signature on the Form 4 filing. |
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