Digital Turbine Inc. Announces New Performance-Based Compensation Plan for Top Executives

Reuters
05/30
<a href="https://laohu8.com/S/APPS">Digital Turbine Inc.</a> Announces New Performance-Based Compensation Plan for Top Executives

Digital Turbine Inc. has announced new compensation terms for its top executives, including CEO William Stone, CFO Stephen Lasher, Chief Business Officer Michael Akkerman, and Chief Technology Officer Senthil Kanagaratnam. Approved by the company's Compensation and Human Capital Management Committee, the plan includes performance-based restricted stock units (PSUs) and stock options. Stone, Lasher, Akkerman, and Kanagaratnam were granted PSUs covering 344,037, 160,550, 137,615, and 137,615 shares of common stock, respectively. Vesting of these PSUs is contingent upon achieving specific revenue and adjusted EBITDA targets over a three-year period. Additionally, the executives were granted stock options with vesting over three years and an exercise price set at the closing stock price on May 23, 2025. The move aligns executive incentives with the company's long-term financial goals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Turbine Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-25-028361), on May 29, 2025, and is solely responsible for the information contained therein.

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