Digital Turbine CTO granted 693K RSUs
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.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 693,069 | $3.03 | $2.10M |
Footnotes (2)
- F1. Restricted Stock Units ("RSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.
- F2. 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
Key Terms
Restricted Stock Units ("RSUs") financial
2020 Equity Incentive Plan financial
time-based vesting restricted stock unit award financial
pro rata quarterly financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Digital Turbine (APPS) report for John Benneaser?
What is the vesting schedule for John Benneaser’s 693,069 APPS restricted stock units?
Is John Benneaser’s APPS Form 4 transaction a stock purchase or compensation grant?
What plan governs John Benneaser’s restricted stock unit award at Digital Turbine (APPS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.