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.
Summary
- On April 8, 2025, Joshua Kinsell, the Chief Accounting Officer of Digital Turbine, Inc. disposed of 6,896 shares of common stock to cover taxes owed upon vesting.
- The shares were disposed of at a price of $2.2.
- Following the transaction, Kinsell directly owns 273,469 shares of Digital Turbine.
Sentiment
Score: 5
Explanation: This Form 4 filing is a neutral event, reflecting a standard transaction for tax purposes. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes and does not significantly alter the ownership structure of the company.
Key Dates
| Date | Description |
|---|---|
| 04/08/2025 | Date of transaction: Joshua Kinsell disposed of shares. |
| 04/09/2025 | Date of signature on the Form 4 filing. |
Keywords
Digital Turbine, APPS, Form 4, Joshua Kinsell, Chief Accounting Officer, Share Disposal, Tax Obligations, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.