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 shares to cover tax obligations upon vesting.
Summary
- On May 2, 2025, Senthilkumaran Kanagaratnam, the Chief Technology Officer of Digital Turbine, Inc., disposed of 1,386 shares of common stock to cover taxes owed upon vesting.
- The shares were disposed of at a price of $3.1.
- Following the transaction, Kanagaratnam directly owns 140,912 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as the transaction is a routine sale to cover tax obligations and doesn't necessarily indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive sentiment and potential alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: disposal of shares. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Digital Turbine, APPS, Form 4, Senthilkumaran Kanagaratnam, insider trading, stock disposal, tax obligations, executive compensation, vesting
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