APPS Form 144 Filed for 533 Shares from Restricted Stock Vesting
Rhea-AI Filing Summary
Digital Turbine, Inc. (APPS) filed a Form 144 proposing the sale of 533 shares of Common stock through Fidelity Brokerage Services LLC on the NASDAQ with an approximate aggregate market value of $2,147.40. The filing states the shares were acquired on 08/21/2025 by restricted stock vesting from the issuer and paid as compensation. The filing lists 108,127,174 shares outstanding and indicates no securities sold by the person in the past three months. The proposed approximate date of sale is 08/22/2025. The filer certifies they are not aware of any undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Proposed sale is immaterial to company valuation; it appears to be routine disposition of vested compensation.
The indicated sale of 533 shares valued at $2,147.40 represents a de minimis portion of the issuer's 108,127,174 shares outstanding (well below materiality thresholds). The acquisition date of 08/21/2025 and sale date of 08/22/2025 show the shares stem from a restricted stock vesting event and are being sold promptly, consistent with monetizing compensation. There are no reported sales in the prior three months, and no new operational or financial data is disclosed in this filing to suggest a change in company fundamentals.
TL;DR: Filing appears procedurally standard for Rule 144 notice tied to vested restricted stock used as compensation.
This Form 144 provides the required broker, quantity, acquisition method, and representation regarding material undisclosed information. The filing declares the shares were acquired via restricted stock vesting and paid as compensation, and identifies the broker and planned sale date. From a compliance perspective, the form meets disclosure elements; it does not raise immediate procedural red flags, provided underlying trading restrictions and any applicable blackout or 10b5-1 plans are respected.
FAQ
What does Digital Turbine's (APPS) Form 144 report?
Does the filing show prior sales by the same person in the past three months?
Who is the broker named for the proposed sale?