Digital Turbine grants CBO 76,687 RSUs, PSUs

Digital Turbine granted its Chief Business Officer new time-based RSUs and performance-linked PSUs, increasing his directly held common shares.

Rhea-AI Filing Summary

Digital Turbine, Inc. (symbol: APPS) is the issuer of record for a Form 4 filing submitted to the SEC. Akkerman Michael reported acquisition or exercise transactions in this Form 4 filing.

Digital Turbine, Inc. (APPS) reported that Chief Business Officer Michael Akkerman received equity awards on September 2, 2026. He was granted 76,687 Restricted Stock Units that vest over three years through June 15, 2029, and a target award of 76,687 Performance Stock Units tied to non‑price performance criteria, with actual shares deliverable ranging from 0 to 115,031. Following a related award of 76,687 shares of common stock at a reference grant price of $9.78 per share, he holds 337,919 common shares directly. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 153,374 shares

Grant/Award 2 txns

Insider Akkerman Michael

Role Chief Business Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units F3, F4, F5	76,687	$0.00	$0.00
Grant/Award	Common Stock F1, F2	76,687	$9.78	$750K

Holdings After Transaction: Performance Stock Units — 76,687 contracts (Direct); Common Stock — 337,919 shares (Direct)

Footnotes (5)

1. F1. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
2. 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.
3. F3. Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
4. 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 115,031 (subject to adjustment for any subsequent stock splits or similar events), depending on the extent to which the applicable performance criteria are satisfied.
5. F5. Not applicable

Key Figures

RSUs granted: 76,687 units PSUs target award: 76,687 units PSUs deliverable range: 0 to 115,031 shares +4 more

7 metrics

RSUs granted 76,687 units Restricted Stock Units granted September 2, 2026 under the 2020 Equity Incentive Plan

PSUs target award 76,687 units Performance Stock Units granted September 2, 2026 as a target award

PSUs deliverable range 0 to 115,031 shares Range of common shares deliverable depending on performance criteria

Common stock grant reference price $9.78 per share Grant or award of 76,687 common shares on September 2, 2026

Common shares held after transaction 337,919 shares Direct holdings of common stock following September 2, 2026 award

RSU vesting end date June 15, 2029 Final month of proportional RSU vesting schedule

PSU valuation period end dates June 15, 2028 and June 15, 2029 Two separate valuation periods for PSU performance measurement

Key Terms

Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), 2020 Equity Incentive Plan, valuation periods

4 terms

Restricted Stock Units ("RSUs") financial

"Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Performance Stock Units ("PSUs") financial

"Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan"

2020 Equity Incentive Plan financial

"granted pursuant to Issuer's 2020 Equity Incentive Plan"

valuation periods financial

"two separate valuation periods ending June 15, 2028 and June 15, 2029"

FAQ

What equity awards did APPS grant to Chief Business Officer Michael Akkerman?

He received 76,687 RSUs and a target of 76,687 PSUs, both under Digital Turbine’s 2020 Equity Incentive Plan, plus a related award of 76,687 common shares at a reference grant price of $9.78 per share.

How do the new RSUs for APPS’s Chief Business Officer vest?

The 76,687 RSUs vest over three years: one-third on the first anniversary of the September 2, 2026 grant date, and the remaining balance vests proportionately each month through June 15, 2029.

How are the APPS PSUs granted to the Chief Business Officer earned?

The 76,687 PSUs are a target award. Actual shares deliverable range from 0 to 115,031, depending on satisfaction of specified performance criteria measured over two valuation periods ending June 15, 2028 and June 15, 2029.

How many APPS common shares does the Chief Business Officer hold after these awards?

After the September 2, 2026 transactions, Michael Akkerman directly holds 337,919 shares of Digital Turbine common stock, as reported in the filing.

Were the APPS insider equity grants made under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 plan is reported for these September 2, 2026 equity awards.

Do the APPS PSUs depend on the company’s stock price performance?

The filing states the PSUs’ payout is tied to performance criteria other than the price of Digital Turbine’s common stock, over the fiscal year preceding each of the two valuation periods.

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Available on EDGAR 09/04/2026 - 04:11 PM Accepted by SEC EDGAR 09/04/2026 - 04:11 PM Learn about SEC filing dates

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^*

Akkerman Michael

(Last) (First) (Middle)

110 SAN ANTONIO STREET

SUITE 160

(Street)

AUSTIN TEXAS 78701

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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(1)	09/02/2026		A		76,687(2)	A	$9.78	337,919	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
Performance Stock Units(3)	$0	09/02/2026		A		76,687(4)		06/15/2029	(5)	Common Stock	76,687	$0	76,687	D

Explanation of Responses:

1. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.

2. 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.

3. Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.

4. 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 115,031 (subject to adjustment for any subsequent stock splits or similar events), depending on the extent to which the applicable performance criteria are satisfied.

5. Not applicable

Remarks:

	/s/ Michael Akkerman	09/04/2026
	** 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).
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* Form 4: SEC 1474 (03-26)