William Gordon Stone III - 22 May 2025 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: APPS
Reported as of: 22 May 2025
Net transaction value: +$1,483,095
SEC form: 4
Accepted by SEC: 28 May 2025, 17:06:26 UTC
Prior SEC filing: 02 May 2025
Next SEC filing: 02 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ William Gordon Stone III

Key filing fact

William Gordon Stone III filed Form 4 for Digital Turbine, Inc. (APPS) on 28 May 2025.

Key facts

This page summarizes William Gordon Stone III's Form 4 filing for Digital Turbine, Inc. (APPS).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 28 May 2025, 17:06.

Change

Previous filing in this sequence was filed on 02 May 2025.
Current net transaction value: +$1,483,095.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001592491 Primary reporting owner

STONE WILLIAM GORDON III

Relationship: Chief Executive Officer, Director
Address: 110 SAN ANTONIO STREET, SUITE 160, AUSTIN
Signature: /s/ William Gordon Stone III
Signature date: 28 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

APPS transaction

Common Stock

Tax liability

Transaction value: $7,163
Shares: -1,617
Change %: -0.09%
Price: $4.43
Shares after: 1,760,398
Date: 22 May 2025
Ownership: Direct
Footnotes: F1

APPS transaction

Common Stock

Tax liability

Transaction value: $9,742
Shares: -2,141
Change %: -0.12%
Price: $4.55
Shares after: 1,758,257
Date: 27 May 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

APPS transaction Derivative

Employee Stock Options (right to buy)

Award

Transaction value: $1,500,000
Shares: +462,963
Change %
Price: $3.24
Shares after: 462,963
Date: 23 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 462,963
Exercise price: $3.24
Footnotes: F2, F3, F4

APPS transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +344,037
Change %
Price: $0.000000
Shares after: 344,037
Date: 23 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 344,037
Exercise price: $0.000000
Footnotes: F5, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

No corresponding shares of common stock were issued in connection with this transaction. Units were disposed upon vesting in lieu of taxes owed.

Footnote F2

Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2020 Equity Incentive Plan.

Footnote F3

Options vest over three years. One-third of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each quarter during the remaining two years.

Footnote F4

Stock options expire ten years from the grant date of May 23, 2025.

Footnote F5

Performance Stock Units ("PSUs") granted pursuant to Issuer's 2020 Equity Incentive Plan.

Footnote F6

This is a target only. The value of PSUs is tied to satisfaction of certain performance criteria (other than the price of Issuer's common stock) determined after the close of FY2028. The Reporting Person may acquire shares of Issuer's common stock to the extent that the performance criteria are satisfied. The actual number of shares ultimately deliverable ranges from -0- to 344,037 (subject to any subsequent stock splits and the like).

Footnote F7

Not applicable