Digi International (DGII) director awarded 4,066 restricted stock units

Rhea-AI Filing Summary

Digi International director Lazarakis Spiro C. received a grant of 4,066 shares of common stock on February 9, 2026 as a grant/award acquisition. The shares were issued at a price of $0 per share, increasing his directly held stake to 83,010 shares.

The 4,066 shares are in the form of restricted stock units that are scheduled to vest on the date immediately preceding Digi International’s next annual meeting of stockholders, unless they vest earlier or are terminated under their terms.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lazarakis Spiro C.

(Last) (First) (Middle)

9350 EXCELSIOR BLVD

SUITE 700

(Street)

HOPKINS MN 55343

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
DIGI INTERNATIONAL INC [ DGII ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/09/2026		A		4,066(1)	A	$0	83,010	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units scheduled to vest on the date immediately preceding the issuer's next annual meeting of stockholders unless earlier accelerated or terminated pursuant to their terms.

	/s/ Joshua L. Colburn, attorney-in-fact	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Digi International (DGII) report for Lazarakis Spiro C.?

Digi International reported that director Lazarakis Spiro C. acquired 4,066 shares of common stock on February 9, 2026. The acquisition was a grant or award at a price of $0 per share, increasing his directly held ownership to 83,010 shares.

How many Digi International (DGII) shares does Lazarakis Spiro C. own after this Form 4?

After the reported grant, Lazarakis Spiro C. directly beneficially owns 83,010 shares of Digi International common stock. This reflects the addition of 4,066 granted shares, reported as a grant or award acquisition and held in direct ownership form.

What is the nature of the 4,066 Digi International (DGII) shares granted to Lazarakis Spiro C.?

The 4,066 Digi International shares are restricted stock units. They are scheduled to vest on the date immediately preceding the company’s next annual meeting of stockholders, unless they are accelerated earlier or terminated according to their governing terms.

At what price were the 4,066 Digi International (DGII) shares granted to Lazarakis Spiro C.?

The 4,066 shares of Digi International common stock granted to Lazarakis Spiro C. were reported at a price of $0 per share. This reflects a compensation-related grant or award rather than an open-market purchase of the company’s stock.

What role does Lazarakis Spiro C. hold at Digi International (DGII) in this Form 4?

In this Form 4, Lazarakis Spiro C. is identified as a director of Digi International. The reported transaction reflects a grant or award acquisition of restricted stock units related to his board service, rather than a purchase or sale on the open market.