Form 4: Digital Turbine Executive Vice President Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
J. Barrett Garrison, Executive Vice President and CFO of Digital Turbine, Inc., disposed of 75 shares of common stock on August 30, 2024, to cover tax obligations upon vesting.
Summary
- On August 30, 2024, J. Barrett Garrison, the Executive Vice President and CFO of Digital Turbine, Inc., disposed of 75 shares of common stock.
- The transaction was executed at a price of $3.22 per share.
- The shares were disposed of to cover tax obligations related to the vesting of units.
- Following the transaction, Garrison directly owns 439,177 shares of Digital Turbine, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
This is a routine disclosure of an insider transaction, which is common for executives who receive stock-based compensation. It doesn't necessarily reflect a change in the executive's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of transaction: J. Barrett Garrison disposed of 75 shares of common stock. |
| 09/03/2024 | Date of signature on the Form 4 filing. |
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