APPS insider Form 4: Chief Accounting Officer updates 286,002 shares
Rhea-AI Filing Summary
Digital Turbine, Inc. (APPS) reported an insider equity transaction by its Chief Accounting Officer on 11/24/2025. The filing shows a Form 4 event where 537 shares of common stock were disposed of at a price of $4.495 per share under transaction code "F," which indicates shares were withheld to cover taxes due on the vesting of equity units.
After this tax-related transaction, the officer beneficially owned 286,002 shares of Digital Turbine common stock, held directly. The explanation clarifies that no new common shares were issued in this transaction and that units were disposed upon vesting in lieu of taxes owed, making this a routine administrative adjustment rather than a market sale.
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FAQ
What insider transaction did Digital Turbine (APPS) report in this Form 4?
The Form 4 reports that the Chief Accounting Officer of Digital Turbine (APPS) had 537 shares of common stock disposed of on 11/24/2025 in a transaction coded "F," which reflects shares withheld to cover taxes on vesting equity units.
Who is the reporting person in this Digital Turbine (APPS) Form 4 filing?
The reporting person is an officer of Digital Turbine, serving as the Chief Accounting Officer, and the form is filed as a single reporting person filing.
How many Digital Turbine (APPS) shares does the officer own after the reported transaction?
Following the reported tax-withholding transaction, the officer beneficially owned 286,002 shares of Digital Turbine common stock in direct ownership.
What does transaction code "F" mean in the Digital Turbine (APPS) Form 4?
Transaction code "F" indicates shares were withheld to satisfy tax obligations upon the vesting of equity awards, rather than being sold on the open market.
Were any new Digital Turbine (APPS) common shares issued in this Form 4 transaction?
No. The explanation states that no corresponding shares of common stock were issued and that units were disposed upon vesting in lieu of taxes owed.
Is this Digital Turbine (APPS) Form 4 a joint filing by multiple insiders?
No. The Form 4 box for "Form filed by One Reporting Person" is checked, indicating it covers only this single officer.