[Form 4] DIGI INTERNATIONAL INC Insider Trading Activity
Digi International Inc. executive files Form 4 reporting an option exercise and share sale. The VP, Corporate Development, General Counsel and Corporate Secretary exercised an employee stock option for 22,222 shares of common stock at $17.94 per share on 11/17/2025, then sold 22,222 shares on the same day at a weighted average price of $38.3783 per share in multiple transactions. Following these transactions, the reporting person directly owns 31,748.503 shares and indirectly owns 64,864 shares through a revocable trust. The filing notes that the ownership balances in Column 5 were updated to correct an error identified during a routine reconciliation and that the option reported as exercised was fully vested.
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FAQ
What insider transaction did DGII disclose in this Form 4?
The filing reports that a Digi International Inc. officer exercised an employee stock option for 22,222 shares of common stock at $17.94 per share and sold 22,222 shares on 11/17/2025.
What prices were involved in the DGII insider’s option exercise and sale?
The employee stock option had an exercise price of $17.94 per share, and the 22,222 shares of Digi International Inc. common stock were sold at a weighted average price of $38.3783 per share, with individual sale prices ranging from $38.13 to $38.855.
How many DGII shares does the reporting person own after the transaction?
After the reported transactions, the insider holds 31,748.503 shares of Digi International Inc. common stock directly and 64,864 shares indirectly through a revocable trust.
What is the reporting person’s role at Digi International Inc. (DGII)?
The reporting person is an officer of Digi International Inc., serving as Vice President, Corporate Development, General Counsel and Corporate Secretary.
Why were the DGII ownership balances in Column 5 updated?
The filing explains that the balances in Column 5 were updated to correct an error identified by a routine reconciliation of the reporting person’s ownership records.
Was the DGII employee stock option fully vested at exercise?
Yes. The explanation section states that the employee stock option reported as exercised was fully vested.