[Form 4] DIGI INTERNATIONAL INC Insider Trading Activity
Rhea-AI Filing Summary
Digi International Inc. (DGII) executive and officer (VP, Corp. Dev, GC & Corp. Sec.) reported multiple equity transactions in November 2025. The filing shows an acquisition of 7,127 restricted stock units on November 21, 2025, scheduled to vest in four equal annual installments from 2026 through 2029.
The insider also exercised employee stock options and sold the resulting shares. On November 24, 2025, 4,727 options were exercised at $16.75 and the same number of shares were sold at $40.00. On November 25, 2025, 8,748 options were exercised at $21.53 and 8,748 shares were sold at a weighted average price of $41.5232, with individual sale prices ranging from $41.40 to $41.69.
The report lists 31,757,255 shares of Digi International common stock held directly after the final transaction and 64,864 shares held indirectly through a revocable trust. One option grant is described as fully vested, while another vests over time through monthly installments.
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FAQ
What did Digi International (DGII) disclose in this Form 4 filing?
The Form 4 reports that a Digi International (DGII) officer executed several equity transactions in November 2025, including an RSU grant, stock option exercises, and related share sales, and updates the number of shares held directly and through a revocable trust.
How many restricted stock units were reported by the DGII executive?
The executive reported acquiring 7,127 restricted stock units on November 21, 2025, which are scheduled to vest in four substantially equal installments on November 21 of 2026, 2027, 2028, and 2029.
What stock option exercises did the DGII insider report?
The insider exercised 4,727 employee stock options at an exercise price of $16.75 on November 24, 2025 and 8,748 employee stock options at $21.53 on November 25, 2025, each tied to Digi International common stock.
At what prices were Digi International (DGII) shares sold by the insider?
Shares were sold at $40.00 per share on November 24, 2025, and 8,748 shares were sold on November 25, 2025 at a weighted average price of $41.5232, with individual prices ranging from $41.40 to $41.69 per share.
How many DGII shares does the insider hold after these transactions?
Following the reported transactions, the insider holds 31,757,255 Digi International common shares directly and 64,864 shares indirectly through a revocable trust.
What vesting terms are disclosed for the DGII executive's equity awards?
The filing states that the 7,127 RSUs vest in four substantially equal annual installments starting November 21, 2026, and one option grant is fully vested, while another vests 25% on November 30, 2022 and then in 36 monthly installments.