4Filed Sep 3, 8:00 PM ET

Digital Turbine (APPS) CBO Michael Akkerman Receives Award

$APPS · Digital Turbine, Inc.

Research Summary

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Digital Turbine (APPS) CBO Michael Akkerman Receives Award

What Happened
Michael Akkerman, Chief Business Officer of Digital Turbine (APPS), was granted equity awards on Sep 2, 2026: 76,687 restricted stock units (RSUs) reported at $9.78/share for a total reported value of $749,999, and 76,687 performance stock units (PSUs) reported as a derivative/target award with a $0 acquisition price. These are compensation grants (transaction code A) rather than open‑market purchases or sales.

Key Details

  • Transaction date: September 2, 2026; Form filed September 4, 2026 (Accession: 0001628280-26-060729). No late filing indicated in the provided data.
  • RSUs: 76,687 shares; $9.78 per share; total reported value $749,999. (Footnotes F1–F2)
  • PSUs (target): 76,687 target units; $0 acquisition price (performance‑contingent). Actual shares delivered may range from 0 to 115,031 depending on performance (Footnotes F3–F4).
  • Vesting: RSUs vest over three years (1/3 on first anniversary, remainder monthly through June 15, 2029). PSUs vest/deliver based on performance measured over periods ending June 15, 2028 and June 15, 2029. (F2, F4)
  • Shares owned after transaction: not specified in the information provided.
  • F5: Not applicable.

Context
RSUs are time‑based compensation that convert to shares as they vest; PSUs are performance‑based and may deliver fewer or more shares depending on results. These grants are routine executive compensation and do not represent an open‑market purchase (which many investors view as a stronger direct signal of insider confidence). Investors should consider vesting and performance conditions and potential dilution when assessing the impact.