Digital Turbine grants CEO 204K RSUs, PSUs

Digital Turbine granted its CEO large time-based RSU and performance-based PSU awards that could deliver up to 306,748 shares depending on future performance.

Rhea-AI Filing Summary

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

Digital Turbine, Inc. (APPS) reported that Chief Executive Officer and director William Gordon Stone III received equity awards on September 2, 2026. He was granted 204,498 Restricted Stock Units (RSUs) that vest over three years, with one-third vesting on the first anniversary and the remainder vesting monthly through June 15, 2029.

Stone also received a target award of 204,498 Performance Stock Units (PSUs). The actual shares deliverable under the PSUs depend on performance criteria measured over two valuation periods ending June 15, 2028 and June 15, 2029, and can range from 0 to 306,748 shares (subject to adjustments). Following these awards, he directly holds 1,947,284 shares of common stock. No Rule 10b5-1 trading plan is reported for these grants.

Insider Trade Summary

Grant/Award: 408,996 shares

Grant/Award 2 txns

Insider STONE WILLIAM GORDON III

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units F3, F4, F5	204,498	$0.00	$0.00
Grant/Award	Common Stock F1, F2	204,498	$9.78	$2.00M

Holdings After Transaction: Performance Stock Units — 204,498 contracts (Direct); Common Stock — 1,947,284 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 306,748 (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: 204,498 units PSUs target award: 204,498 units PSUs payout range: 0 to 306,748 shares +4 more

7 metrics

RSUs granted 204,498 units Restricted Stock Units granted to the CEO on September 2, 2026

PSUs target award 204,498 units Performance Stock Units granted to the CEO on September 2, 2026

PSUs payout range 0 to 306,748 shares Range of common shares deliverable depending on performance criteria

Common stock award 204,498 shares Non-derivative common stock credited on September 2, 2026

Reported price per share $9.78 per share Price reported for the 204,498-share common stock award

Post-transaction common shares 1,947,284 shares CEO’s direct common stock holdings after the September 2, 2026 award

PSU vesting end date June 15, 2029 End of performance measurement and vesting schedule referenced in footnotes

Key Terms

Restricted Stock Units ("RSUs"), Performance Stock Units ("PSUs"), Equity Incentive Plan, target award

4 terms

Restricted Stock Units ("RSUs") financial

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

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"

Equity Incentive Plan financial

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

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

target award financial

"This is a target award only. The number of shares of Issuer's"

FAQ

What new equity awards did the CEO of APPS receive in this Form 4?

The CEO received 204,498 RSUs and a target of 204,498 PSUs on September 2, 2026. The PSUs may ultimately deliver between 0 and 306,748 shares of common stock, depending on performance criteria described in the award terms.

How do the new RSUs for APPS’s CEO vest?

The 204,498 RSUs vest over three years. One-third vests on the first anniversary of the September 2, 2026 grant date, and the remaining balance vests proportionately each month through June 15, 2029, subject to the plan’s terms.

How are the APPS CEO’s PSUs structured in this filing?

The PSUs are a target award of 204,498 units, with actual shares deliverable ranging from 0 to 306,748. Payout depends on performance criteria measured over two valuation periods ending June 15, 2028 and June 15, 2029, excluding stock price as a metric.

How many APPS common shares does the CEO own after these grants?

After the common stock award reported on September 2, 2026, the CEO directly holds 1,947,284 shares of Digital Turbine common stock, as reported in the Form 4’s post-transaction holdings field.

Was a Rule 10b5-1 trading plan used for these APPS equity awards?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not marked, so no Rule 10b5-1 trading plan is reported in connection with these equity awards to the CEO.

What price per share is reported for the APPS common stock award?

The non-derivative common stock award of 204,498 shares to the CEO on September 2, 2026 carries a reported price of $9.78 per share in the Form 4 data.

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Available on EDGAR 09/04/2026 - 04:11 PM Accepted by SEC EDGAR 09/04/2026 - 04:10 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^*

STONE WILLIAM GORDON III

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive 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		204,498(2)	A	$9.78	1,947,284	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		204,498(4)		06/15/2029	(5)	Common Stock	204,498	$0	204,498	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 306,748 (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/ William Gordon Stone III	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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* Form 4: SEC 1474 (03-26)