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Digital Turbine (APPS) CEO has 2,141 shares withheld to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  1. [object Object]
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
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.
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SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026F2,141(1)D$6.681,745,398D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.
Remarks:
/s/ William Gordon Stone III05/29/2026
** Signature of Reporting PersonDate
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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Digital Turbine (APPS) shares were used to cover the CEO’s taxes?

The filing shows 2,141 shares of Digital Turbine common stock were disposed of at $6.68 per share. The transaction is coded as tax withholding, indicating the shares were applied against the executive’s tax liability rather than sold for cash.

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.

How many Digital Turbine (APPS) shares does the CEO hold after this transaction?

After the tax-withholding transaction, the CEO directly holds 1,745,398 shares of Digital Turbine common stock. This figure, disclosed in the Form 4, shows his ongoing equity stake remains large despite the small tax-related disposition.

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.