Digital Turbine (APPS) CAO reports 618 shares withheld to cover taxes
Rhea-AI Filing Summary
Digital Turbine, Inc. Chief Accounting Officer Joshua Kinsell reported a tax-withholding disposition of 618 shares of common stock on August 4, 2026 at $8.12 per share. No new common shares were issued; units were withheld upon vesting to cover taxes, leaving 264,658 shares held directly.
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Insider Trade Summary
Net Seller: 618 shares
Net Sell
1 txn
Insider
Kinsell Joshua
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 618 | $8.12 | $5K |
Holdings After Transaction:
Common Stock — 264,658 shares (Direct)
Footnotes (1)
- F1. No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.
Key Figures
Shares withheld for taxes: 618 shares
Per-share value for withholding: $8.12 per share
Shares held after transaction: 264,658 shares
3 metrics
Shares withheld for taxes
618 shares
Tax-withholding disposition on August 4, 2026
Per-share value for withholding
$8.12 per share
Used to determine value of 618 withheld shares
Shares held after transaction
264,658 shares
Direct common stock ownership following disposition
Key Terms
tax-withholding disposition, Payment of tax liability by delivering or withholding securities, vesting
3 terms
tax-withholding disposition financial
"reported a tax-withholding disposition of 618 shares of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Payment of tax liability by delivering or withholding securities financial
"transaction code description: Payment of tax liability by delivering or withholding securities"
vesting financial
"Units were disposed upon vesting in lieu of taxes owed"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Digital Turbine (APPS) CAO Joshua Kinsell report?
Digital Turbine CAO Joshua Kinsell reported a tax-withholding disposition of common stock. 618 shares were withheld on August 4, 2026 to satisfy tax obligations arising from unit vesting, rather than being sold in the open market.
Did the Digital Turbine (APPS) Form 4 reflect an open-market sale by the CAO?
No, the Form 4 does not show an open-market sale. It reports a tax-withholding disposition, and a footnote states no corresponding common shares were issued; units were disposed upon vesting in lieu of taxes owed, indicating a non-market withholding event.
Was the APPS insider transaction by Joshua Kinsell under a Rule 10b5-1 trading plan?
The filing indicates it was not affirmed under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is explicitly unchecked, and there is no footnote stating that the transaction occurred pursuant to a pre-arranged trading plan.