Digital Turbine grants 51K RSUs, PSUs to CAO
Digital Turbine’s chief accounting officer received new RSU and PSU equity awards tied to multi‑year service and performance conditions.
Rhea-AI Filing Summary
Digital Turbine, Inc. (symbol: APPS) is the issuer of record for a Form 4 filing submitted to the SEC. Kinsell Joshua reported acquisition or exercise transactions in this Form 4 filing.
Digital Turbine, Inc. (APPS) reported that Chief Accounting Officer Joshua Kinsell received equity awards on September 2, 2026. He was granted 51,124 Restricted Stock Units (RSUs) under the 2020 Equity Incentive Plan, representing common stock valued at $9.78 per share for reporting purposes, vesting over three years through June 15, 2029.
He also received a target award of 51,124 Performance Stock Units (PSUs), each tied to common stock, with actual shares deliverable ranging from 0 to 76,687 based on performance criteria measured over periods ending June 15, 2028 and June 15, 2029. Following these grants, Kinsell directly owns 315,226 shares of common stock. No Rule 10b5-1 trading plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units F3, F4, F5 | 51,124 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1, F2 | 51,124 | $9.78 | $500K |
Footnotes (5)
- F1. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
- F2. RSUs vest over three years. One-third of the RSUs vest on the first anniversary of the grant date (i.e., the date indicated). The remaining balance vests proportionately each month through June 15, 2029.
- F3. Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
- F4. This is a target award only. The number of shares of Issuer's common stock ultimately deliverable under the PSUs is tied to the satisfaction of certain performance criteria (other than the price of Issuer's common stock), as measured over the fiscal year preceding each of two separate valuation periods ending June 15, 2028 and June 15, 2029, respectively. The actual number of shares deliverable ranges from -0- to 76,687 (subject to adjustment for any subsequent stock splits or similar events), depending on the extent to which the applicable performance criteria are satisfied.
- F5. Not applicable
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Performance Stock Units ("PSUs") financial
2020 Equity Incentive Plan financial
performance criteria financial
FAQ
What equity awards did APPS grant to Chief Accounting Officer Joshua Kinsell?
How do the new RSUs for APPS’ Chief Accounting Officer vest?
What is the performance range for the new PSUs at Digital Turbine (APPS)?
What is Joshua Kinsell’s APPS common stock holding after these transactions?
Was a Rule 10b5-1 trading plan involved in these APPS equity awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.