Form 4: Digital Turbine Insider Sells Shares
Statement of Changes in Beneficial Ownership
Joshua Kinsell, Chief Accounting Officer at Digital Turbine, Inc., reported a disposition of 5,663 shares of common stock on April 8, 2026.
Summary
- Joshua Kinsell, Chief Accounting Officer of Digital Turbine, Inc., disposed of 5,663 shares of common stock on April 8, 2026.
- The transaction was executed at a price of $3.09 per share.
- Following this transaction, Kinsell beneficially owns 272,113 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The disposition of shares by an executive is a standard reporting requirement, and the stated reason (in lieu of taxes) mitigates concerns about negative sentiment.
Negatives
- Insider selling of company stock can sometimes be perceived negatively by the market, although the reason for this specific sale is stated as being in lieu of taxes owed upon vesting.
Future Outlook
No forward-looking statements or guidance are present in this filing.
Management Comments
- Units were disposed upon vesting in lieu of taxes owed.
Industry Context
StockSavvy.ai notes that insider transactions, such as this stock disposition by a Chief Accounting Officer, are routine filings under SEC regulations. While such events can sometimes signal management sentiment, the stated reason for this transaction (in lieu of taxes) suggests it is a planned event related to compensation rather than a negative outlook on the company's prospects.
Stakeholder Impact
- Shareholders: The sale of shares by an insider, even for tax purposes, may lead to minor short-term market perception shifts, though the reason provided is a common and accepted practice.
Key Dates
| Date | Description |
|---|---|
| 04/08/2026 | Transaction Date for disposition of common stock by Joshua Kinsell. |
| 04/09/2026 | Signature Date for the Form 4 filing. |
Keywords
Digital Turbine, APPS, Form 4, Insider Transaction, Stock Sale, Chief Accounting Officer, Beneficial Ownership
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