Form 4: Digi International CFO James Loch Reports Stock Transactions

James Loch, CFO of Digi International, reports acquisition and disposal of common stock on November 4, 2024.

Summary

• On November 4, 2024, James J. Loch, the Senior VP, CFO, and Treasurer of Digi International Inc. (DGII), reported transactions involving the company's common stock.
• Loch acquired 3,892 shares at $0 and disposed of 1,915 shares at $29.34.
• Following these transactions, Loch directly owns 107,876.521 shares.
• Additionally, Loch acquired 4,144 shares at $0 and disposed of 2,039 shares at $29.34.
• After these transactions, Loch directly owns 108,066.521 shares.
• The reported transactions include shares acquired through Digi International Inc.'s Employee Stock Purchase Plan between December 31, 2023, and September 30, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard reporting of stock transactions. The acquisitions through the employee stock purchase plan are mildly positive, but the disposals offset this.

Positives

• The reporting person acquired shares through the Employee Stock Purchase Plan, indicating confidence in the company's future.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The transactions could influence investor sentiment, although the impact is likely to be minimal given the nature of the transactions.

Key Dates