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🇺🇸 SECDigital Turbine Inc.Qwen · 实盘不做把握 9/10不做原因:无增量信息
北京时间·🕒 发布 04:15:11待核·⟳ 抓取 04:16:09·⚡ 决策 09-09 05:08:56 +52m47s·48.5 天前

Digital Turbine 以 8-K 披露 FY2027 高管长期股权激励:向 CEO 等四名高管授予 PSU/RSU 各约 38.3 万股(合计约 76.7 万股),例行年度薪酬安排

全文读完即为完整事件:Item 5.02 例行高管股权激励授予,无金额重大性、无业绩/指引增量、无控制权或资本配置变化、无对外业务信息。事件方向 NEUTRAL,多头无新增利多、空头无强空催化(做空红线①②均不满足),任何方向都没有正期望 edge;同时文件未披露 EBITDA 目标值或授予公允价值,连可量化的信息含量都不存在,故按 NO_INCREMENTAL_FACT 早停,不做交易,也不产生 risk_signals。

📄 原文Digital Turbine Inc.↗ 原文
----- apps-20260901.htm ----- UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 8-K CURRENT RE…
不做 Digital Turbine(APPS.US)
8-K Item 5.02 属既有 2020 股权激励计划下的例行年度高管 LTI 授予(PSU 目标股合计 383,433、RSU 合计 383,433,合计约 76.7 万股),无金额重大性、无业绩或指引增量、无控制权/资本配置变化、无对外业务或客户信息;摊薄数量级 <1% 且 PSU 为附条件或有对价。事件方向 NEUTRAL,多头无新增利多、空头不满足做空红线(无强空催化),无正期望 edge,故不做。同时未构成公司级净负面事实,不输出 risk_signals。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)

研究档案

🔎 新鲜度:最早出现 2026-09-08 · 扩散 low · price-in 风险 low ↗

反向证据

  • 做多前查反向 · 来源 filing · 日期 2026-09-08 · 影响 invalidates
    全文无任何新增经营信息:未披露 Adjusted EBITDA 目标数值、未披露授予公允价值或股价、未宣布高管离任/任命(Interim CFO 为存量状态)、未改变股份授权额度或触发新融资;PSU 考核挂钩 FY2028/FY2029 EBITDA 与相对 TSR 属常规激励设计,不能读成管理层对业绩的公开承诺
    检索:Item 5.02 例行高管股权激励授予是否隐含业绩指引/资本配置/管理层变动等可交易增量(读取 8-K 全文核验) 原文 ↗
  • 做空前查反向 · 来源 filing · 日期 2026-09-08 · 影响 invalidates
    约 766,866 股(PSU 目标股+RSU)为公司既有 2020 股权激励计划下的例行年度授予,PSU 须达标且持续任职至 2029-06-15 才归属,量级相对总股本极小(<1% 数量级),无重新定价、无加速条款、无一次性现金支出;不满足做空红线①「明确强空催化」,也无财务/监管负面事实
    检索:该授予是否构成大比例摊薄、利益输送或治理瑕疵,足以支撑做空催化(摊薄量级与条款核验) 原文 ↗

先例如何影响了这次决策

对本次决策的影响:对最终结论无影响——AVOID 的理由是事件无增量事实,而非先例不利;即使先例显示此类文件后股价有小幅波动,也不构成可归因的交易 edge

方向:未取先例:例行年度高管股权激励授予在 A 股/美股均无稳定方向性价格反应,属结构性噪音事件,先例统计不提供可用信号

涨幅量级:无幅度校准:本次事件本身不构成 ENTER,tp/sl 无适用对象

形态:未评估见光死/高开低走:无入场计划

原文全文

展开原文 · 5,822 字
----- apps-20260901.htm -----
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported):
September 1, 2026
Digital Turbine, Inc.
(Exact Name of Registrant as Specified in Its Charter)
Delaware
001-35958
22-2267658
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
110 San Antonio Street,
Suite 160,
Austin,
TX
78701
(Address of Principal Executive Offices)
(Zip Code)
(
512
)
387-7717
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions. (
see
General Instruction A.2. below)
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Common Stock
APPS
NASDAQ
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company
☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐
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 Management Committee of the Company (the “Compensation Committee”) approved the grant of fiscal year 2027 long-term incentive awards (the “FY2027 LTI Awards”) to the Company’s named executive officers under the Company’s 2020 Equity Incentive Plan, as amended. The FY2027 LTI Awards have a grant date of September 2, 2026 and consist of performance-based restricted stock units (“PSUs”) and time-based restricted stock units (“RSUs”) granted to each of the following named executive officers: William Stone, Chief Executive Officer; Michael Akkerman, Chief Business Officer; Joshua Kinsell, Chief Financial Officer (Interim) and Chief Accounting Officer; and Benneaser John, Chief Technology Officer. The FY2027 LTI Awards were designed to provide 50% of each executive’s long-term equity incentive value in PSUs and 50% in RSUs.
PSU Awards
. Messrs. Stone, Akkerman, Kinsell and John were granted PSUs covering 204,498, 76,687, 51,124 and 51,124 target shares of Company common stock, respectively. The PSUs vest based on achievement of four equally weighted performance goals (each representing 25% of the total PSU grant): (i) Adjusted EBITDA performance for fiscal year 2028 (the “FY2028 EBITDA Goal”), assessed as of June 15, 2028; (ii) Adjusted EBITDA performance for fiscal year 2029 (the “FY2029 EBITDA Goal”), assessed as of June 15, 2029; (iii) Relative Total Shareholder Return (“Relative TSR”) for the period from the grant date to June 15, 2028, measured by comparing the Company’s percentile rank with companies in the S&P Software & Services Select Industry Index (the “Peer Index”); and (iv) Relative TSR for the period from the grant date to June 15, 2029, measured by comparing the Company’s percentile rank with companies in the Peer Index. Each executive has the opportunity to vest in such PSUs depending on the extent to which the adjusted EBITDA goals and related Relative TSR goals are achieved, with 50% vesting based on achievement of threshold performance, 100% vesting based on achievement of target performance and 150% vesting based on achievement of maximum performance. Shares attributable to the FY2028 EBITDA Goal and the first Relative TSR tranche will be assessed on June 15, 2028, and shares attributable to the FY2029 EBITDA Goal and the second Relative TSR tranche will be assessed on June 15, 2029. However, all earned PSU shares vest on date the Compensation Committee certifies achievement of all performance goals on June 15, 2029. If the Company’s achievement falls in between the performance targets, such amounts will be interpolated on a linear basis in calculating the number of PSU shares vested. PSU vesting is further conditioned on each recipient’s continued employment with the Company through the vesting date (June 15, 2029).
RSU Awards
. Messrs. Stone, Akkerman, Kinsell and John were granted RSUs covering 204,498, 76,687, 51,124 and 51,124 shares of Company common stock, respectively. One-third of the RSUs will vest on the first anniversary of the grant date and the remaining shares will vest in equal monthly installments thereafter through June 15, 2029, subject to each recipient’s continued employment with the Company through each applicable vesting date.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
9/8/2026
Digital Turbine, Inc.
By:
/s/ Joshua Kinsell
Joshua Kinsell
Chief Financial Officer (Interim) and Chief Accounting Officer

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