Digital Turbine (APPS) director moves 170,121 shares to trust account
Rhea-AI Filing Summary
Digital Turbine, Inc. director Mohan S. Gyani reported an internal transfer of shares. On January 12, 2026, he moved 170,121 shares of Digital Turbine common stock from his direct ownership into a trust at a reported price of $0.00 per share, classified as a gift/transfer transaction.
After the transfer, 58,704 shares are held directly, and 544,046 shares are held indirectly through the trust. The filing explains that the transfer did not change his total beneficial ownership and that shares in the trust are held with a pecuniary interest, with beneficial ownership disclaimed except to that extent.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 170,121 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The reported acquisition and disposition reflect a transfer of shares from the direct ownership of the reporting person to a trust for which the reporting person retains a pecuniary interest. The transaction did not result in a change in the total beneficial ownership for the reporting person. On January 12, 2026, the Reporting Person transferred 170,121 shares of Digital Turbine common stock to his trust. Shares are held by a trust, of which the Reporting Person disclaims beneficial ownership of Shares held by the trust except to the extent of their pecuniary interest therein.
FAQ
What insider transaction did Digital Turbine (APPS) report in this Form 4?
The Form 4 reports that director Mohan S. Gyani transferred 170,121 shares of Digital Turbine common stock from his direct ownership to a trust on January 12, 2026.
Did the Digital Turbine director’s trust transfer change his total beneficial ownership?
The filing states that the transfer did not result in a change in the director’s total beneficial ownership, as shares moved from direct ownership to a trust associated with him.
What is the relationship of Mohan S. Gyani to Digital Turbine (APPS)?
According to the Form 4, Mohan S. Gyani is a director of Digital Turbine, Inc. and the reporting person for this insider transaction.