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Form 4: West Hughes Allison reports acquisition/exercise transactions in DGII

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

West Hughes Allison reported acquisition or exercise transactions in a Form 4 filing for DGII. The filing lists transactions totaling 4,066 shares. Following the reported transactions, holdings were 8,208 shares.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
West Hughes Allison

(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 8,208 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Digi International (DGII) disclose about West Hughes Allison’s recent stock transaction?

Digi International disclosed that director West Hughes Allison received 4,066 shares of common stock as a grant on February 9, 2026. This equity award increased Allison’s directly owned holdings to 8,208 shares and represents compensation rather than an open-market stock purchase.

Was West Hughes Allison’s Digi International (DGII) transaction a stock purchase or an award?

The transaction was an equity award, not an open-market purchase. The Form 4 lists transaction code "A" as a grant, award, or other acquisition at $0 per share, meaning the 4,066 shares were granted as compensation rather than bought on the market.

How many Digi International (DGII) shares does West Hughes Allison own after the reported grant?

Following the reported grant, West Hughes Allison beneficially owns 8,208 Digi International common shares directly. This total includes the 4,066-share award reported on February 9, 2026, and reflects his current direct ownership position as shown in the Form 4 filing.

What are the vesting terms of West Hughes Allison’s restricted stock units at Digi International (DGII)?

The restricted stock units are scheduled to vest immediately before Digi International’s next annual stockholder meeting. Vesting can occur earlier if accelerated or be terminated under the award’s terms, meaning the timing and final value depend on those governing plan conditions.

What does transaction code "A" mean in West Hughes Allison’s Digi International (DGII) Form 4?

Transaction code "A" denotes a grant, award, or other acquisition of securities. In this case, it indicates that West Hughes Allison received 4,066 Digi International common shares as an equity award at $0 per share, rather than buying or selling shares on the open market.

Is West Hughes Allison’s ownership in Digi International (DGII) direct or indirect after this transaction?

After this transaction, Allison’s reported ownership is direct. The Form 4 lists the ownership code as "D" for direct, with no nature-of-ownership footnote indicating a trust, LLC, or other entity holding the 8,208 Digi International common shares on his behalf.
Digi Intl Inc

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