Planned sale of 6,000 Digi International (NASDAQ: DGII) shares disclosed
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
DGII filed a Form 144 indicating an intended sale of 6,000 shares of common stock through Morgan Stanley Smith Barney LLC on or about 02/10/2026 on NASDAQ, with an aggregate market value of $276,015.00. The filing notes 37,611,160 shares of this class outstanding.
The securities to be sold consist of restricted stock originally acquired from the issuer: 4,498 shares on 02/02/2025 and 1,502 shares on 01/28/2024, each listed as “Not Applicable” for cash payment terms. The seller represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
Positive
- None.
Negative
- None.
FAQ
What does Digi International (DGII) disclose in this Form 144 filing?
The Form 144 for DGII discloses a planned sale of 6,000 shares of common stock. The shares are to be sold on NASDAQ through Morgan Stanley Smith Barney LLC, with an aggregate market value of $276,015.00 and 37,611,160 shares of that class outstanding.
What is the source and nature of the DGII securities to be sold under this Form 144?
The securities consist of restricted DGII common stock acquired from the issuer. The filing lists 4,498 shares acquired on February 2, 2025, and 1,502 shares acquired on January 28, 2024, both described as “Restricted Stock,” with “Not Applicable” noted for cash payment details.
What assurance does the seller provide about DGII’s undisclosed information in this Form 144?
The person for whose account the shares are to be sold represents that they do not know any material adverse information about DGII’s current or prospective operations that has not been publicly disclosed, as required by the Form 144 signature and representation section.