4Accepted Aug 27, 6:23 PM ET
Digital Turbine (APPS) Director Gyani Mohan Receives 19,159-Share Award
Accepted (ET)
6:23 PM
Aug 27, 2026
Filed
Aug 27, 2026
Documents
1
Size
6.3 KB
Summary
Digital Turbine (APPS) Director Gyani Mohan Receives 19,159-Share Award
What Happened
- Gyani Mohan S, a non‑employee director of Digital Turbine, was granted 19,159 restricted common shares on 2026-08-25. The reported acquisition price is $0.00 per share (transaction code A — award/grant), so the filing shows $0 aggregate purchase price; the grant is equity compensation, not an open‑market purchase.
Key Details
- Transaction date: 2026-08-25; SEC Form 4 filed: 2026-08-27 (timely filing, two days after the transaction).
- Shares in this filing: 19,159 restricted common shares at $0.00.
- Vesting: Shares vest in a single installment on the earlier of the first anniversary of the grant or the Company’s 2027 annual stockholders meeting (at least 50 weeks after the grant) (Footnote F2).
- Ownership/holding: Shares are held by a trust; the reporting person disclaims beneficial ownership of trust‑held shares except to the extent of any pecuniary interest (Footnote F3).
- Nature of grant: Issued under the Issuer’s 2020 Equity Incentive Plan as compensation for services as a non‑employee director (Footnote F1).
Context
- This is an equity compensation grant (restricted stock) rather than a market purchase or sale. Such grants are common for non‑employee directors to align interests with shareholders; they are not direct buy/sell signals.
- Vesting delay means the director will not have immediate transferable shares until the vesting event; no sale or option exercise occurred.