Lasher Stephen Andrew 4
Research Summary
AI-generated summary
Digital Turbine (APPS) CFO Stephen Lasher Sells 15,096 Shares
What Happened
Stephen Andrew Lasher, Chief Financial Officer of Digital Turbine, disposed of 15,096 shares on May 6, 2026 at $3.98 per share, for a total of approximately $60,082. The Form 4 reports the transaction as code F (payment of exercise price or tax liability).
Key Details
- Transaction date and price: May 6, 2026 — 15,096 shares at $3.98 each.
- Total value: ~ $60,082.
- Filing date: May 7, 2026 (filed the next day; within the typical 2-business-day Form 4 window).
- Shares owned after the transaction: not specified on this filing.
- Footnote: F1 — no new common shares were issued; units were disposed upon vesting in lieu of taxes owed (cashless/withholding disposition).
Context
This was a tax-withholding disposition tied to vested units (a routine administrative action), not an open-market sale that necessarily reflects the insider’s view on the company. Transaction code F indicates the shares were surrendered to cover taxes rather than sold for investment reasons.