Form 4: Digital Turbine Executive Matthew Gillis Reports Stock Disposal
SEC Form 4 Filing
Matthew Gillis, President of Digital Turbine, Inc., reported the disposal of 443 shares of common stock on February 27, 2024.
Summary
- On February 27, 2024, Matthew Gillis, President of Digital Turbine, Inc., disposed of 443 shares of common stock.
- The transaction was executed at a price of $3.36 per share.
- Following the transaction, Gillis directly owns 137,937 shares of Digital Turbine's common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing reporting a stock transaction by an executive, and does not inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The disposal of shares by an executive may be interpreted in various ways by the market, but without additional context, it's difficult to assess the specific implications.
Stakeholder Impact
- The disposal of shares by a company executive can influence investor sentiment, potentially affecting the stock price.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock disposal transaction |
| 02/28/2024 | Date of signature on the Form 4 filing |
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