Form 4: Digital Turbine CAO Executes Tax-Related Share Disposition
Statement of Changes in Beneficial Ownership
Chief Accounting Officer Joshua Kinsell disposed of 556 shares of Digital Turbine common stock to satisfy tax withholding obligations.
Summary
- Joshua Kinsell, Chief Accounting Officer of Digital Turbine, Inc. (APPS), disposed of 556 shares of common stock.
- The transaction occurred on May 21, 2026, at a price of $4.46 per share.
- The disposition was made to cover tax withholding obligations related to the vesting of equity awards.
- Following this transaction, the reporting person maintains beneficial ownership of 270,939 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax obligations upon the vesting of equity.
Positives
- The transaction was a routine administrative action related to tax obligations rather than a discretionary sale.
- The reporting person retains a significant equity stake of 270,939 shares.
Negatives
- The transaction represents a reduction in the direct share ownership of a key executive.
Risks
- None identified; this is a standard regulatory filing for tax withholding.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that routine Form 4 filings involving tax-related share dispositions are standard corporate governance practices and do not typically signal changes in management sentiment or company performance.
Comparison to Industry Standards
- The transaction aligns with standard industry practices for executive compensation tax management.
- The reporting person's remaining ownership level is consistent with typical executive retention requirements.
Stakeholder Impact
- Minimal impact on shareholders as the transaction was a non-discretionary tax-related event.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Date of the share disposition transaction. |
| 05/22/2026 | Date of the filing signature. |
Keywords
Digital Turbine, APPS, Form 4, Insider Trading, Tax Withholding, Equity Vesting
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