DGII insider reports RSU grant, option exercise and stock sales
Rhea-AI Filing Summary
Digi International Inc. (DGII) reported insider activity by its VP, Supply Chain on a Form 4 covering several equity transactions in November 2025. The officer received 5,345 shares of common stock as restricted stock units at a stated price of $0, which are scheduled to vest in four substantially equal increments on November 21 of 2026, 2027, 2028 and 2029. The filing also shows a sale of 622 shares of common stock at $40.02 and an option exercise for 16,667 shares at an exercise price of $17.94, followed by sales of 16,667 shares at a weighted average price of $40.556 and 4,208 shares at a weighted average price of $41.68. After these transactions, the reporting person directly owns 24,756 shares of Digi International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,208 | $41.68 | $175K |
| Exercise | Employee Stock Option (right to buy) | 16,667 | $0.00 | -- |
| Exercise | Common Stock | 16,667 | $17.94 | $299K |
| Sale | Common Stock | 16,667 | $40.556 | $676K |
| Tax Withholding | Common Stock | 622 | $40.02 | $25K |
| Grant/Award | Common Stock | 5,345 | $0.00 | -- |
Footnotes (1)
- Restricted stock units scheduled to vest in four substantially equal increments on each of November 21, 2026, 2027, 2028 and 2029. Reflects the weighted average price of 16,667 shares of common stock of the issuer sold by the reporting person in multiple transactions on November 24, 2025 with sale prices ranging from $40.34 to $40.86 per share. The reporting person undertakes to provide upon request by U.S. Securities and Exchange Commission staff, the issuer, or a securityholder of the issuer full information regarding the number of shares sold at each separate price. Reflects the weighted average price of 4,208 shares of common stock of the issuer sold by the reporting person in multiple transactions on November 25, 2025 with purchase prices ranging from $41.51 to $41.80 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 purchased at each separate price. Fully vested.
FAQ
What did Digi International (DGII) disclose in this Form 4 filing?
The Form 4 reports multiple transactions by Digi International’s VP, Supply Chain, including receipt of restricted stock units, an employee stock option exercise, and several sales of common stock in November 2025.
What is the vesting schedule of the Digi International (DGII) restricted stock units?
The 5,345 restricted stock units are scheduled to vest in four substantially equal increments on November 21 of 2026, 2027, 2028, and 2029.
What stock option transaction did the Digi International (DGII) insider report?
The officer exercised an employee stock option to buy 16,667 shares of Digi International common stock at an exercise price of $17.94 per share. The option is described as fully vested and has an expiration date of November 27, 2026.