Digi International CEO exercises 60,654 options
DIGI INTERNATIONAL INC President and CEO Ronald Konezny exercised employee stock options for 60,654 shares of common stock at an exercise price of $21.53 per share.
Rhea-AI Filing Summary
DIGI INTERNATIONAL INC President and CEO Ronald Konezny exercised employee stock options for 60,654 shares of common stock at an exercise price of $21.53 per share. To cover tax obligations, 39,776 shares of common stock were disposed of at $66.78 per share as a tax-withholding transaction, not an open-market sale. Following these transactions, Konezny directly holds 610,179.817 shares of Digi International common stock. The options exercised were fully vested and, for this grant, no derivative balance remains after exercise.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 60,654 | $0.00 | $0.00 |
| Exercise | Common Stock | 60,654 | $21.53 | $1.31M |
| Exercise Price or Tax Liability | Common Stock | 39,776 | $66.78 | $2.66M |
Footnotes (1)
- F1. Fully vested.
Key Figures
Key Terms
tax-withholding disposition financial
Exercise or conversion of derivative security financial
Employee Stock Option (right to buy) financial
fully vested financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Digi International (DGII) report for Ronald Konezny?
What stock options did the Digi International (DGII) CEO exercise?
How are tax obligations handled in this Digi International (DGII) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.