Digital Turbine (APPS): Granahan Investment Management discloses 2.89% ownership stake

Rhea-AI Filing Summary

Granahan Investment Management LLC filed an amended Schedule 13G reporting its beneficial ownership of Digital Turbine, Inc. common stock. Granahan reports beneficial ownership of 3,494,200 shares, representing 2.89% of the outstanding common stock. The firm has sole voting power over 3,270,779 shares and sole dispositive power over the same amount, with no shared voting or dispositive power. All shares are held in various investment advisory client accounts for which Granahan has discretionary authority and is deemed a beneficial owner under Rule 13d-3.

Key Figures

Beneficial ownership: 3,494,200 shares Percent of class: 2.89% Sole voting power: 3,270,779 shares +4 more

7 metrics

Beneficial ownership 3,494,200 shares Common stock of Digital Turbine beneficially owned by Granahan Investment Management LLC

Percent of class 2.89% Portion of Digital Turbine common stock class reported as beneficially owned

Sole voting power 3,270,779 shares Shares over which Granahan has sole power to vote or direct the vote

Shared voting power 0 shares Shares over which Granahan has shared power to vote or direct the vote

Sole dispositive power 3,270,779 shares Shares over which Granahan has sole power to dispose or direct disposition

CUSIP 25400W102 CUSIP for Digital Turbine, Inc. common stock

CUSIP date reference 06/30/2026 Date associated with the CUSIP and security information

Key Terms

beneficial owner, dispositive power, Schedule 13G, Rule 13d-3, +1 more

5 terms

beneficial owner regulatory

"which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3"

A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.

dispositive power financial

"Sole power to dispose or to direct the disposition of: 3270779"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Schedule 13G regulatory

"All of the Shares set forth in Item 4 are owned ... filed this schedule"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Rule 13d-3 regulatory

"deemed to be a beneficial owner of those shares pursuant to Rule 13d-3"

Rule 13d-3 defines who is treated as the beneficial owner of a company’s shares for U.S. securities disclosure rules — essentially anyone who has the power to vote or direct how shares are voted, or the power to buy or sell them, even if they don’t hold the certificates. For investors this matters because crossing certain ownership thresholds triggers public filing and disclosure obligations and signals potential control or influence, much like having the keys to a car implies you can drive it even if it’s registered to someone else.

percent of class financial

"Percent of class: 2.89 %"

Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.

FAQ

What stake in Digital Turbine (APPS) does Granahan Investment Management report?

Granahan Investment Management reports beneficial ownership of 3,494,200 shares of Digital Turbine common stock, representing 2.89% of the class. These shares are held in various advisory client accounts over which Granahan has discretionary investment authority.

How much voting power does Granahan have in Digital Turbine (APPS)?

Granahan reports sole voting power over 3,270,779 shares of Digital Turbine and no shared voting power. This reflects the shares for which it can vote or direct the vote under its discretionary authority.

What is Granahan’s dispositive power over Digital Turbine (APPS) shares?

Granahan reports sole dispositive power over 3,270,779 shares of Digital Turbine and no shared dispositive power. Dispositive power means the ability to dispose of or direct the disposition of the shares.

Why is Granahan deemed a beneficial owner of APPS shares?

Granahan is deemed a beneficial owner under Rule 13d-3 because it has discretionary power to make investment decisions and/or vote the shares in client accounts, even though the underlying clients are the actual record owners.

Does Granahan own more than 5% of Digital Turbine (APPS)?

No. Granahan reports beneficial ownership of 2.89% of Digital Turbine’s common stock. The filing explicitly notes “Ownership of 5 percent or less of a class,” confirming the position is below the 5% threshold.

Who signed the amended Schedule 13G for Digital Turbine (APPS)?

The amended Schedule 13G was signed by Brian Granahan, Chief Compliance Officer of Granahan Investment Management LLC, on 08/11/2026, certifying that the information provided is true, complete and correct after reasonable inquiry.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/11/2026 - 04:00 PM Accepted by SEC EDGAR 08/11/2026 - 04:00 PM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Digital Turbine, Inc.

(Name of Issuer)

Common Stock, Par Value $0.0001 Per Share

(Title of Class of Securities)

25400W102

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 25400W102

1

Names of Reporting Persons

Granahan Investment Management LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MASSACHUSETTS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 3,270,779.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 3,494,200.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,494,200.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

2.9 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Digital Turbine, Inc.
(b)	Address of issuer's principal executive offices: 32 JOURNEY, ALISO VIEJO, CA, 92656
Item 2.
(a)	Name of person filing: Granahan Investment Management LLC
(b)	Address or principal business office or, if none, residence: Wyman Street, Suite 460, Waltham, MA 02451
(c)	Citizenship: State of Massachusetts
(d)	Title of class of securities: Common Stock, Par Value $0.0001 Per Share
(e)	CUSIP No.: 25400W102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 3494200
(b)	Percent of class: 2.89 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 3270779
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 3270779
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. All of the Shares set forth in Item 4 are owned by various investment advisory clients of Granahan Investment Management LLC, which is deemed to be a beneficial owner of those shares pursuant to Rule 13d-3 under the Securities Exchange Act of 1934, due to its discretionary power to make investment decisions over such shares and/or its ability to vote such shares.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Not applicable
Item 8.	Identification and Classification of Members of the Group.
	If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group. Not applicable
Item 9.	Notice of Dissolution of Group.
	Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5. Not applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Granahan Investment Management LLC

Signature:	/s/ Brian Granahan
Name/Title:	Brian Granahan, Chief Compliance Officer
Date:	08/11/2026

Comments accompanying signature: After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.