Form 4: Digi International CFO Increases Stake by 6,800 Shares

Digi International's CFO, James J. Loch, increased his beneficial ownership of common stock by a net of 6,800 shares through a series of equity award vestings and tax-related dispositions.

Summary

• James J. Loch, SR VP, CFO AND TREASURER of Digi International Inc. (DGII), reported changes in his beneficial ownership of common stock.
• Acquired a total of 13,387 shares of common stock at a price of $0 per share, likely due to the vesting of equity awards.
• Disposed of a total of 6,587 shares of common stock at a price of $36.15 per share, primarily for tax withholding purposes related to the equity award vestings.
• The net effect of these transactions is an increase of 6,800 shares in Mr. Loch's beneficial ownership.
• Following these transactions, Mr. Loch's total direct beneficial ownership stands at 124,646.763 shares of common stock.
• The reported beneficial ownership includes 842.242 shares acquired under Digi International Inc.'s Employee Stock Purchase Plan (ESPP) between March 29, 2025, and September 30, 2025.

Sentiment

Score: 7

Explanation: The net increase in beneficial ownership by a key executive, even if primarily from equity award vesting, generally signals confidence in the company's prospects. The dispositions are routine tax-related sales.

Positives

• The CFO, James J. Loch, increased his net beneficial ownership of common stock by 6,800 shares, which can be interpreted as a signal of management confidence in the company's future.
• The acquisition of shares at $0 indicates the vesting of equity awards, a common form of executive compensation that aligns management's interests with shareholders.

Negatives

• A total of 6,587 shares were disposed of at $36.15, reducing direct ownership, although this was for tax withholding purposes and is a routine part of equity award vesting.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the net increase in the CFO's beneficial ownership as a positive indicator of management's alignment with shareholder interests and confidence in the company's future performance.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions by the CFO, James J. Loch, primarily involving the vesting of equity awards and subsequent tax-related dispositions. While a net increase in insider ownership is generally positive, these are compensation-related events rather than open-market purchases indicating a strong new conviction. Therefore, this filing alone does not provide sufficient new information to warrant a change from a 'hold' recommendation.

Keywords

Digi International, DGII, Form 4, Insider Transaction, Beneficial Ownership, CFO, Stock Acquisition, Equity Awards, Employee Stock Purchase Plan