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Digital Turbine (APPS) CEO uses 2,607 units to cover vesting taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Digital Turbine, Inc. Chief Executive Officer William Gordon Stone III reported a Form 4 transaction involving company common stock. On this filing, 2,607 units were disposed of in a tax-withholding transaction tied to vesting, at $4.06 per share. According to the footnote, no new shares of common stock were issued; instead, units were surrendered to cover taxes owed upon vesting. After this disposition, Stone’s directly held stake is 1,747,539 shares of common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
STONE WILLIAM GORDON III

(Last) (First) (Middle)
110 SAN ANTONIO STREET
SUITE 160

(Street)
AUSTIN TX 78701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Digital Turbine, Inc. [ APPS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 F 2,607(1) D $4.06 1,747,539 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.
Remarks:
/s/ William Gordon Stone III 03/02/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Digital Turbine (APPS) report for William Gordon Stone III?

Digital Turbine reported that CEO William Gordon Stone III disposed of 2,607 units of common stock in a tax-withholding transaction. The units were surrendered upon vesting to cover taxes owed, rather than sold in the open market.

What does the Form 4 code F mean in the Digital Turbine (APPS) filing?

In this Form 4, transaction code F indicates payment of a tax liability by delivering securities. For Digital Turbine’s CEO, units were disposed upon vesting in lieu of taxes owed, instead of receiving all vested shares in stock form.

How many Digital Turbine (APPS) shares does the CEO hold after this Form 4?

After the reported tax-withholding disposition, CEO William Gordon Stone III directly holds 1,747,539 shares of Digital Turbine common stock. This figure reflects his ownership immediately following the 2,607 units surrendered to satisfy tax obligations on vesting.

Was the Digital Turbine (APPS) CEO’s Form 4 transaction an open-market sale?

The transaction was not an open-market sale. It is classified as a code F tax-withholding disposition, where 2,607 units were surrendered upon vesting to cover taxes owed, and the footnote confirms no new shares of common stock were issued.

At what price was the tax-withholding disposition recorded in the APPS Form 4?

The tax-withholding disposition for Digital Turbine’s CEO was recorded at $4.06 per share. This price applies to the 2,607 units disposed of in connection with the vesting event used to satisfy the related tax liability.
Digital Turbine Inc

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