Form 4: Digi International CIO Sells Shares for Tax Obligations

Sentiment:

Insider Transaction Report


Digi International's VP and Chief Information Officer, James E. Freeland, disposed of 459 common shares at $42.36 each to cover tax liabilities.

Summary

  • James E. Freeland, VP, Chief Information Officer of Digi International Inc. (DGII), reported a transaction.
  • On November 26, 2025, Freeland disposed of 459 shares of common stock.
  • The shares were disposed of at a price of $42.36 per share.
  • This transaction was coded as 'F', indicating a payment of tax liability by delivering or withholding securities incident to the vesting of a restricted stock award or exercise of a derivative security.
  • Following this transaction, Freeland beneficially owns 21,341.895 shares of common stock directly.

Sentiment

Score: 5

Explanation: Neutral. The transaction is a routine disposition of shares to cover tax liabilities, not indicative of positive or negative sentiment towards the company's future performance.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine, small-scale tax-related transaction by an officer, not a significant change in ownership or a signal of management sentiment.

Key Dates

DateDescription
11/26/2025Date of transaction where shares were disposed of.
12/01/2025Date the Form 4 was signed and filed.

Keywords

Digi International, DGII, Insider Transaction, Form 4, James E. Freeland, Common Stock, Tax Liability, Officer Share Sale

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.