Form 4: Digi International CIO Sells Shares for Tax Obligations
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
| Date | Description |
|---|---|
| 11/26/2025 | Date of transaction where shares were disposed of. |
| 12/01/2025 | Date 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
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