Digital Turbine (APPS) CTO receives 693,069-share RSU award vesting over 3 years

Rhea-AI Filing Summary

Digital Turbine, Inc. reported that Chief Technology Officer John Benneaser received a grant of 693,069 shares of common stock as a restricted stock unit (RSU) award valued at $3.03 per share. Following this compensation-related acquisition, he holds 693,069 shares directly.

The RSUs were granted under the company’s 2020 Equity Incentive Plan. The award will vest one-third on the first anniversary of the grant date, then continue to vest pro rata each quarter after the first anniversary through the third anniversary, aligning his compensation with multi‑year service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider John Benneaser

Role Chief Technology Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	693,069	$3.03	$2.10M

Holdings After Transaction: Common Stock — 693,069 shares (Direct)

Footnotes (1)

1. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan. Mr. John was granted a time-based vesting restricted stock unit award with the right to receive 693,069 shares of common stock of the Company, which will vest one-third on the first anniversary of the grant date and then pro rata quarterly after the first anniversary through the third anniversary of the grant date.

Key Figures

RSUs granted: 693,069 shares Grant value per share: $3.03 per share Shares held after grant: 693,069 shares +1 more

4 metrics

RSUs granted 693,069 shares Restricted stock unit award to CTO John Benneaser

Grant value per share $3.03 per share Listed transaction price for RSU grant

Shares held after grant 693,069 shares Total common stock directly owned post-transaction

Vesting period 3 years One-third at first anniversary, then pro rata quarterly to third anniversary

Key Terms

Restricted Stock Units ("RSUs"), 2020 Equity Incentive Plan, time-based vesting restricted stock unit award, pro rata quarterly

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.

2020 Equity Incentive Plan financial

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

time-based vesting restricted stock unit award financial

"Mr. John was granted a time-based vesting restricted stock unit award with the right to receive 693,069 shares"

pro rata quarterly financial

"will vest one-third on the first anniversary of the grant date and then pro rata quarterly after the first anniversary"

Form 4 Insider Transactions: What Each Field Means →

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^*

John Benneaser

(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 Technology Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

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)	04/06/2026		A		693,069(2)	A	$3.03	693,069	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. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.

2. Mr. John was granted a time-based vesting restricted stock unit award with the right to receive 693,069 shares of common stock of the Company, which will vest one-third on the first anniversary of the grant date and then pro rata quarterly after the first anniversary through the third anniversary of the grant date.

Remarks:

	/s/ Benneaser John	04/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Digital Turbine (APPS) report for John Benneaser?

Digital Turbine reported that Chief Technology Officer John Benneaser received a grant of 693,069 restricted stock units of common stock. The award is a compensation-related acquisition, not an open-market purchase, and was made under the company’s 2020 Equity Incentive Plan.

How many APPS shares were granted to John Benneaser and at what value?

John Benneaser was granted 693,069 restricted stock units representing the right to receive 693,069 shares of Digital Turbine common stock. The Form 4 lists a grant value of $3.03 per share for these RSUs, reflecting the accounting grant-date value rather than a market purchase price.

What is the vesting schedule for John Benneaser’s 693,069 APPS restricted stock units?

The RSU award vests over three years. One-third of the 693,069-share grant vests on the first anniversary of the grant date, with the remaining portion vesting pro rata each quarter after that first anniversary through the third anniversary of the grant date.

Is John Benneaser’s APPS Form 4 transaction a stock purchase or compensation grant?

The filing shows a compensation grant, not an open-market stock purchase. The transaction is coded as an “A” for grant, award, or other acquisition and represents restricted stock units awarded under Digital Turbine’s 2020 Equity Incentive Plan, subject to time-based vesting.

How many APPS shares does John Benneaser own after this RSU grant?

After the reported transaction, John Benneaser holds 693,069 shares of Digital Turbine common stock directly, as shown in the post-transaction holdings on the Form 4. This amount corresponds to the full RSU award granted in the filing.

What plan governs John Benneaser’s restricted stock unit award at Digital Turbine (APPS)?

The RSU award to John Benneaser was granted under Digital Turbine’s 2020 Equity Incentive Plan. This plan provides for equity-based compensation such as restricted stock units, aligning executive incentives with the company’s long-term stock performance and multi-year service commitments.