Digital Turbine CAO has 556 shares withheld for tax
Digital Turbine, Inc. (APPS) reported an insider transaction by Chief Accounting Officer Joshua Kinsell.
Rhea-AI Filing Summary
Digital Turbine, Inc. (APPS) reported an insider transaction by Chief Accounting Officer Joshua Kinsell. On 2026-08-24, Kinsell had 556 units of common stock disposed of at an indicated value of $10.87 per share to satisfy tax liability upon vesting. According to the footnote, no new common shares were issued in this transaction, and units were withheld in lieu of taxes owed. Following this withholding event, Kinsell directly holds 264,102 shares of APPS common stock.
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Insider Trade Summary
Tax Withholding: 556 shares
Tax Withholding
1 txn
Insider
Kinsell Joshua
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 556 | $10.87 | $6K |
Holdings After Transaction:
Common Stock — 264,102 shares (Direct)
Footnotes (1)
- F1. No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.
Key Figures
Shares disposed for tax withholding: 556 shares
Indicated value per share: $10.87 per share
Shares held after transaction: 264,102 shares
3 metrics
Shares disposed for tax withholding
556 shares
Units disposed upon vesting in lieu of taxes owed on 2026-08-24
Indicated value per share
$10.87 per share
Per-share value for the 556 units withheld to satisfy tax liability
Shares held after transaction
264,102 shares
Direct holdings of Joshua Kinsell following the 2026-08-24 transaction
Key Terms
tax liability, vesting, Chief Accounting Officer
3 terms
tax liability financial
"Payment of tax liability by delivering or withholding securities"
vesting financial
"Units were disposed upon vesting in lieu of taxes owed"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Chief Accounting Officer financial
"Kinsell Joshua serves as Chief Accounting Officer"
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
FAQ
What insider transaction did APPS report for Joshua Kinsell?
APPS reported that Chief Accounting Officer Joshua Kinsell had 556 units of common stock disposed of on 2026-08-24 to cover tax liability upon vesting. The filing describes this as payment of tax liability by delivering or withholding securities, rather than an open-market sale.
Does the APPS Form 4 indicate use of a Rule 10b5-1 trading plan?
No. The filing-level indicator for Rule 10b5-1 is set to false, meaning the Form 4 explicitly does not affirm that this tax-withholding transaction was executed pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.