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Digital Turbine (APPS) director moves 170,121 shares to trust account

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

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.
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*
GYANI MOHAN S

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/12/2026
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 01/12/2026 G 170,121(1) D $0 58,704 D
Common Stock 544,046 I See Footnote(2)
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. 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.
2. 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.
Remarks:
/s/ Mohan S. Gyani 01/16/2026
** 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 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.

Was the Digital Turbine director’s 170,121 share transfer a sale?

No. The transaction is coded as G, indicating a gift or similar transfer, and was reported at a price of $0.00 per share, reflecting a non-sale internal transfer to a trust.

How many Digital Turbine (APPS) shares does Mohan S. Gyani hold after the reported transaction?

Following the transaction, Mohan S. Gyani holds 58,704 shares directly and 544,046 shares indirectly through a trust, according to the Form 4.

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.

How are the trust-held Digital Turbine shares treated for Mohan S. Gyani?

The Form 4 explains that shares are held by a trust, and the reporting person disclaims beneficial ownership of those shares except to the extent of their pecuniary interest in the trust.

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.

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