Form 4: Digital Turbine Executive Vice President, CFO, J. Barrett Garrison, Reports Stock Transactions
SEC Form 4 Filing
J. Barrett Garrison, Executive Vice President and CFO of Digital Turbine, Inc., reports transactions involving common stock and Performance Stock Units.
Summary
- On August 2, 2024, J. Barrett Garrison, Executive Vice President and CFO of Digital Turbine, Inc., reported transactions involving the company's stock.
- These transactions included the vesting and disposal of Performance Stock Units (PSUs) and the disposal of shares to cover tax obligations.
- Specifically, 1,981 PSUs vested based on performance criteria, and 483 shares were disposed of at $1.98 to cover taxes related to the vesting.
- Additionally, 75 shares were disposed of at $2.21 and 946 shares were disposed of at $1.98 to cover taxes owed upon RSU vesting.
- Following these transactions, Garrison directly owns 440,689 shares of Digital Turbine common stock and 5,403 Performance Stock Units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document primarily reports routine stock transactions related to executive compensation.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which investors monitor for insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in these transactions as they provide insight into executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of earliest transaction reported |
| 08/02/2024 | Date of PSU vesting and stock disposal for tax obligations |
| 08/05/2024 | Date of report signature |
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