Michael Akkerman - 23 May 2025 Form 4 Insider Report for Digital Turbine, Inc. (APPS)

Reporting relationship: Chief Business Officer
Issuer ticker: APPS
Reported as of: 23 May 2025
Net transaction value: +$599,999
SEC form: 4
Accepted by SEC: 28 May 2025, 18:11:36 UTC
Prior SEC filing: 04 Mar 2025
Next SEC filing: 04 Jun 2025
Source filing: View source filing
Reporting owner signature: /s/ Michael Akkerman

Key filing fact

Michael Akkerman filed Form 4 for Digital Turbine, Inc. (APPS) on 28 May 2025.

Key facts

This page summarizes Michael Akkerman's Form 4 filing for Digital Turbine, Inc. (APPS).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 28 May 2025, 18:11.

Change

Previous filing in this sequence was filed on 04 Mar 2025.
Current net transaction value: +$599,999.

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 0002025822 Primary reporting owner

Akkerman Michael

Relationship: Chief Business Officer
Address: 110 SAN ANTONIO STREET, SUITE 160, AUSTIN
Signature: /s/ Michael Akkerman
Signature date: 28 May 2025

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: $599,999
Shares: +185,185
Change %
Price: $3.24
Shares after: 185,185
Date: 23 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 185,185
Exercise price: $3.24
Footnotes: F1, F2, F3

APPS transaction Derivative

Performance Stock Units

Award

Transaction value: $0
Shares: +137,615
Change %
Price: $0.000000
Shares after: 137,615
Date: 23 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 137,615
Exercise price: $0.000000
Footnotes: F4, F5, F6

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

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

Footnote F2

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 F3

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

Footnote F4

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

Footnote F5

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 137,615 (subject to any subsequent stock splits and the like).

Footnote F6

Not applicable