Digital Turbine (APPS) CEO has 2,141 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Digital Turbine, Inc. Chief Executive Officer William Gordon Stone III reported a routine tax-withholding transaction involving 2,141 shares of common stock. On May 28, 2026, these shares were disposed of at $6.68 per share to satisfy taxes due upon vesting of units.
A footnote explains that no new common shares were issued and that units were disposed in lieu of taxes owed, meaning this was not an open-market sale. Following the transaction, Stone directly holds 1,745,398 shares of Digital Turbine common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STONE WILLIAM GORDON III
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,141 | $6.68 | $14K |
Holdings After Transaction:
Common Stock — 1,745,398 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 2,141 shares
Per-share value for disposition: $6.68 per share
Post-transaction holdings: 1,745,398 shares
+2 more
5 metrics
Tax-withholding shares
2,141 shares
Common stock disposed to cover taxes on May 28, 2026
Per-share value for disposition
$6.68 per share
Value used for 2,141-share tax-withholding transaction
Post-transaction holdings
1,745,398 shares
CEO’s direct common stock holdings after the transaction
Tax-withholding count
1 transaction
Single tax-withholding disposition reported in this Form 4
Tax-withholding shares total
2,141 shares
Total shares involved in tax-withholding per transaction summary
Key Terms
tax-withholding disposition, Common Stock, Form 4, vested units, +1 more
5 terms
tax-withholding disposition financial
"Transaction coded as a tax-withholding disposition to satisfy tax liability."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"The reported transaction involves Digital Turbine, Inc. Common Stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"Insider activity is reported on SEC Form 4 for this transaction."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
vested units financial
"Footnote notes units were disposed upon vesting in lieu of taxes owed."
Chief Executive Officer financial
"The reporting person is the Chief Executive Officer of Digital Turbine."
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
What did Digital Turbine (APPS) CEO report in this Form 4 filing?
The CEO reported a tax-withholding disposition of 2,141 shares of Digital Turbine common stock. These shares were used to cover taxes on vested units and were not sold in the open market, according to the filing’s footnote.
Was the Digital Turbine (APPS) CEO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. It is coded as a tax-withholding disposition, and the footnote states units were disposed upon vesting in lieu of taxes owed, with no corresponding new common shares issued.
What does a tax-withholding disposition mean for Digital Turbine (APPS) insiders?
A tax-withholding disposition occurs when shares or units are withheld or disposed of to pay taxes due at vesting. For Digital Turbine’s CEO, the Form 4 notes units were disposed upon vesting in lieu of taxes owed, without an open-market share sale.
What is the significance of the $6.68 price in the APPS CEO’s Form 4?
The Form 4 lists $6.68 per share as the value used for the 2,141-share tax-withholding disposition. This price is an accounting measure for the tax transaction rather than a reported open-market trade price from a discretionary stock sale.