Digi International VP sells 14,182 shares after option exercise
Digi International Inc. vice president of supply chain Terrence G. Schneider reported an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
Digi International Inc. vice president of supply chain Terrence G. Schneider reported an exercise-and-sell transaction in company stock. On May 11, 2026, he exercised employee stock options covering 14,182 shares of common stock at an exercise price of $16.75 per share and then sold 14,182 shares in an open-market sale.
The sale was executed at a weighted average price of $65.6095 per share, with individual trades ranging from $65.03 to $66.00. Following these transactions, Schneider directly owns 26,759 shares of Digi International common stock, and the option grant exercised in this filing is fully vested and fully exercised with no remaining balance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 14,182 shares ($693K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Schneider Terrence G.
Role
VP, SUPPLY CHAIN
Sold
14,182 shs ($930K)
Approx. gross sale proceeds
$930K
Approx. exercise cost
$238K
Approx. pre-tax spread
$693K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 14,182 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,182 | $16.75 | $238K |
| Sale | Common Stock | 14,182 | $65.6095 | $930K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 contracts (Direct);
Common Stock — 26,759 shares (Direct)
Footnotes (2)
- F1. Reflects the weighted average price of 14,182 shares of common stock of Digi International, Inc. sold by the reporting person in multiple transactions on May 11, 2026 with sale prices ranging from $65.03 to $66.00 per share. The reporting person undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2. Fully vested.
Key Figures
Shares sold: 14,182 shares
Weighted average sale price: $65.6095 per share
Options exercised: 14,182 shares
+5 more
8 metrics
Shares sold
14,182 shares
Open-market sale on May 11, 2026
Weighted average sale price
$65.6095 per share
Common stock sale on May 11, 2026
Options exercised
14,182 shares
Employee stock option exercise on May 11, 2026
Option exercise price
$16.75 per share
Employee Stock Option (right to buy)
Shares owned after transactions
26,759 shares
Direct ownership following May 11, 2026 sale
Options remaining from this grant
0 shares
Employee stock option position after exercise
Sale price range
$65.03–$66.00 per share
Multiple sale transactions on May 11, 2026
Option expiration date
November 24, 2027
Original expiration for exercised options
Key Terms
open-market sale, Employee Stock Option (right to buy), derivative security, weighted average price, +1 more
5 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Option (right to buy) financial
"security_title: Employee Stock Option (right to buy)"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
weighted average price financial
"Reflects the weighted average price of 14,182 shares of common stock"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
fully vested financial
"Footnote states: Fully vested."
FAQ
What insider transaction did Digi International (DGII) report for Terrence G. Schneider?
Digi International reported that VP of supply chain Terrence G. Schneider exercised options for 14,182 shares and sold 14,182 common shares. The activity occurred on May 11, 2026 and reflects an exercise-and-sell pattern commonly used to realize compensation value and liquidity.
What happened to Terrence G. Schneider’s Digi International (DGII) stock options in this filing?
Schneider exercised employee stock options labeled as a right to buy 14,182 Digi International shares at a conversion or exercise price of $16.75 per share. After this exercise on May 11, 2026, the option position reported in the filing shows a remaining balance of zero shares.
Was Terrence G. Schneider’s Digi International (DGII) option grant vested before exercise?
Yes. A footnote states that the employee stock option involved in the May 11, 2026 transaction was fully vested. This means the options were completely earned under the plan terms, allowing Schneider to exercise all 14,182 underlying common shares disclosed in the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
