Digital Turbine, Inc. (APPS): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Digital Turbine, Inc. (APPS) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 1, 2026, the Board of Directors of Digital Turbine, Inc. (the “Company”) and the Compensation and Human Capital
How this was made
The 30-second read
Why it matters
FY2027 LTI awards are split 50% PSUs and 50% RSUs, with PSUs tied to FY2028 and FY2029 Adjusted EBITDA goals plus Relative TSR tranches, and RSUs vesting over time through June 15, 2029.
Market read
The disclosure is primarily governance and compensation mechanics, with limited direct impact on near-term fundamentals.
What to watch
Traders may focus on whether the performance goals are achievable versus prior cycles, but this filing alone does not provide historical attainment or updated business outlook.
Background
The filing is an SEC Form 8-K Item 5.02 describing board approval of FY2027 long-term incentive awards under the 2020 Equity Incentive Plan.
Ticker impact
Digital Turbine approved FY2027 long-term incentive awards, granting performance-based PSUs and time-based RSUs to named executives.
Low likelihood of a sustained price move; any reaction is likely limited to compensation-related sentiment and positioning ahead of future performance measurement dates.
This is an SEC 8-K Item 5.02 compensation grant with detailed PSU/RSU targets and vesting conditions, but it does not include new financial guidance, operational updates, or a corporate action that directly changes cash flows today.
Market effects
Limited sector read-through; compensation design is company-specific and not a sector-wide regulatory or competitive shift.
None material indicated.
None indicated.
Counterpoint
Because the PSU outcomes depend on FY2028-FY2029 EBITDA and Relative TSR, the grant may be viewed as signaling management’s performance targets rather than near-term execution, reducing immediate trading relevance.
Key entities
- issuerDigital Turbine, Inc.
Company granting FY2027 PSUs and RSUs to named executive officers.
- executiveWilliam Stone
CEO receiving PSU and RSU awards under FY2027 LTI.
- executiveMichael Akkerman
Chief Business Officer receiving PSU and RSU awards under FY2027 LTI.
- executiveJoshua Kinsell
Interim CFO and Chief Accounting Officer receiving PSU and RSU awards under FY2027 LTI.
- executiveBenneaser John
CTO receiving PSU and RSU awards under FY2027 LTI.
