Form 4: Digital Turbine Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Senthilkumaran Kanagaratnam, Chief Technology Officer of Digital Turbine, Inc., disposed of 4,019 shares of common stock on November 7, 2024, to cover tax obligations upon vesting.
Summary
- On November 7, 2024, Senthilkumaran Kanagaratnam, the Chief Technology Officer of Digital Turbine, Inc., disposed of 4,019 shares of common stock.
- The transaction was executed at a price of $1.79 per share.
- The shares were disposed of to cover tax obligations related to the vesting of units.
- Following the transaction, Kanagaratnam directly owns 149,549 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not necessarily indicative of a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of transaction: Senthilkumaran Kanagaratnam disposed of shares. |
| 11/08/2024 | Date of signature on the Form 4 filing. |
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