Form 4: Digital Turbine Executive Vice President Sells Shares to Cover Tax Obligations

Sentiment:

SEC Form 4 Filing


J. Barrett Garrison, Executive Vice President and CFO of Digital Turbine, Inc., disposed of 75 shares of common stock on July 1, 2024, to cover tax obligations.

Summary

  • On July 1, 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 to cover tax obligations.
  • Following the transaction, Garrison directly owns 440,212 shares of Digital Turbine common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment, as it's a routine disclosure.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into the transactions of those with access to inside information.

Stakeholder Impact

  • The sale of a small number of shares by an executive is unlikely to have a significant impact on shareholders.

Key Dates

DateDescription
07/01/2024Date of transaction: J. Barrett Garrison disposed of 75 shares of common stock.
07/02/2024Date of signature on the Form 4 filing.

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