Form 4: Digi International CIO Executes Stock Disposition

James E. Freeland, VP and CIO of Digi International, disposed of 700 shares of common stock to cover tax obligations.

Summary

• James E. Freeland, VP and Chief Information Officer of Digi International Inc (DGII), reported the disposition of 700 shares of common stock.
• The transaction occurred on May 6, 2026, at a price of $58.85 per share.
• Following this transaction, the reporting person maintains a beneficial ownership of 19,287.059 shares of common stock.
• The transaction was executed via code 'F', indicating the payment of exercise price or tax liability by delivering or withholding securities.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a routine administrative action related to tax obligations rather than a strategic divestment.

Positives

• The transaction reflects standard tax withholding procedures rather than a discretionary market sale.

Negatives

• Reduction in the total number of shares held by a key executive.

Risks

• None identified in this filing.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine tax-related stock dispositions by executives are common in the technology sector and generally do not signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction is consistent with standard executive compensation and tax withholding practices observed across the technology and hardware sectors.

Stakeholder Impact

• Minimal impact on shareholders as the transaction represents a standard tax-related withholding.

Key Dates

Keywords

Digi International, DGII, Form 4, Insider Trading, Stock Disposition, Chief Information Officer