APPS CBO reports tax-withholding share disposition
Digital Turbine, Inc. Chief Business Officer Michael Akkerman reported a routine tax-related share disposition on common stock.
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Rhea-AI Filing Summary
Digital Turbine, Inc. Chief Business Officer Michael Akkerman reported a routine tax-related share disposition on common stock. A total of 19,313 units were disposed of at an indicative value of $8.67 per share to cover taxes due upon vesting.
The filing notes that no new shares of common stock were issued in this transaction and that Akkerman continues to directly hold 261,232 shares of common stock after the tax-withholding event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 19,313 | $8.67 | $167K |
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
Key Terms
tax-withholding disposition financial
Payment of exercise price or tax liability by delivering securities financial
Units were disposed upon vesting financial
Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did APPS executive Michael Akkerman report?
At what price were the APPS units valued for the tax-withholding disposition?
Did the Digital Turbine Form 4 indicate any new derivative exercises for Michael Akkerman?
AI-generated analysis. How Rhea-AI works. Not financial advice.