Digital Turbine, Inc. - Form 8-K Filing
This Form 8-K filing reports on the grant of fiscal year 2027 long-term incentive awards to Digital Turbine, Inc.'s named executive officers. The awards, approved by the Board of Directors and the Compensation Committee, consist of 50% performance-based restricted stock units (PSUs) and 50% time-based restricted stock units (RSUs) under the 2020 Equity Incentive Plan. The PSUs are tied to achieving specific Adjusted EBITDA goals and relative Total Shareholder Return (TSR) targets for fiscal years 2028 and 2029, with vesting opportunities ranging from 50% to 150% based on performance levels. The RSUs vest over a period of three years, with one-third vesting on the first anniversary of the grant date and the remainder vesting monthly thereafter, contingent on continued employment. The named executive officers receiving these awards are William Stone (CEO), Michael Akkerman (CBO), Joshua Kinsell (CFO Interim/CAO), and Benneaser John (CTO).