Digital Turbine (NASDAQ: APPS) exec withholds 19,313 shares for tax payment

Rhea-AI Filing Summary

Digital Turbine, Inc. executive Michael Akkerman, the company’s Chief Business Officer, reported a stock transaction involving company shares. On 12/08/2025, 19,313 shares of common stock were disposed of at $4.91 per share under transaction code "F," which indicates shares were withheld to cover taxes due on vesting rather than sold on the open market. After this tax-related disposition, he beneficially owned 309,510 shares of Digital Turbine common stock, held directly.

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

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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^*

Akkerman Michael

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Business Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/08/2025

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	12/08/2025		F		19,313(1)	D	$4.91	309,510	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/ Michael Akkerman	12/09/2025
	** 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).
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FAQ

What insider transaction did Digital Turbine (APPS) report for 12/08/2025?

On 12/08/2025, Chief Business Officer Michael Akkerman reported the disposition of 19,313 shares of Digital Turbine common stock at $4.91 per share, coded as an "F" transaction.

Who is the reporting person in this Digital Turbine (APPS) Form 4 filing?

The reporting person is Michael Akkerman, who serves as Chief Business Officer of Digital Turbine, Inc.

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

The filing lists transaction code "F", which is used for dispositions of shares to satisfy tax withholding obligations in connection with the vesting of equity awards.

How many Digital Turbine (APPS) shares does the executive own after this transaction?

Following the reported tax-withholding transaction, Michael Akkerman beneficially owned 309,510 shares of Digital Turbine common stock, held directly.

Were new Digital Turbine (APPS) shares issued in this reported transaction?

No. The explanation states that no corresponding shares of common stock were issued and that units were disposed upon vesting in lieu of taxes owed.

Was this Digital Turbine (APPS) transaction related to derivative securities or options?

No derivative securities are listed in Table II, and the explanation notes the disposition of units upon vesting to cover taxes.