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 6,415 shares of common stock on July 8, 2024, to satisfy tax obligations.
Summary
- On July 8, 2024, Joshua Kinsell, the Chief Accounting Officer of Digital Turbine, Inc., disposed of 6,415 shares of common stock.
- The transaction was executed to cover tax obligations related to equity compensation.
- Following the transaction, Kinsell directly owns 272,654 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of the company's overall performance or future prospects.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on shareholders, as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/08/2024 | Date of transaction: Joshua Kinsell disposed of 6,415 shares of Digital Turbine stock. |
| 07/10/2024 | Date of signature on the Form 4 filing. |
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