Form 4: Digi International Director Acquires 4,066 RSUs

Digi International Director Spiro C. Lazarakis acquired 4,066 shares of common stock in the form of restricted stock units.

Summary

• Spiro C. Lazarakis, a Director of Digi International Inc. (DGII), acquired 4,066 shares of common stock.
• The transaction, an acquisition of restricted stock units (RSUs), occurred on February 9, 2026.
• These RSUs were granted at a price of $0 per share.
• The restricted stock units are scheduled to vest on the date immediately preceding the issuer's next annual meeting of stockholders, unless earlier accelerated or terminated.
• Following this transaction, Mr. Lazarakis directly beneficially owns a total of 83,010 shares of Digi International Inc. common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as it reflects a director's increased equity stake, aligning their interests with shareholders, although it is a routine compensation grant rather than an open market purchase.

Positives

• Director Spiro C. Lazarakis increased his direct beneficial ownership in Digi International Inc. by 4,066 shares, demonstrating continued alignment with shareholder interests.
• The grant of restricted stock units (RSUs) at a $0 price is a common form of equity compensation, designed to incentivize long-term performance and retention of key personnel.

Negatives

• NA

Risks

• NA

Future Outlook

The acquired restricted stock units are scheduled to vest on the date immediately preceding Digi International's next annual meeting of stockholders, unless accelerated or terminated earlier pursuant to their terms.

Industry Context

StockSavvy.ai notes that equity grants to directors, such as these restricted stock units, are a standard practice across industries to align leadership incentives with long-term company performance and shareholder value. This particular grant is consistent with typical corporate governance practices for director compensation.

Comparison to Industry Standards

• The grant of restricted stock units (RSUs) to a director is a common compensation mechanism, comparable to practices at technology companies like Cisco Systems (CSCO) or Qualcomm (QCOM), which frequently use equity awards to incentivize and retain key personnel and board members.

Related Party Transactions

• Acquisition of 4,066 restricted stock units by Director Spiro C. Lazarakis from Digi International Inc. as part of his compensation.

Stakeholder Impact

• Shareholders: Increased alignment of a director's interests with long-term shareholder value due to increased equity ownership.

Next Steps

• Vesting of the 4,066 restricted stock units on the date immediately preceding the issuer's next annual meeting of stockholders.

Key Dates

Recommendation

This Form 4 reports a routine equity grant to a director, which is a standard component of compensation. It does not provide new information that would fundamentally alter the investment thesis for Digi International Inc., thus a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Digi International, DGII, Form 4, insider transaction, stock acquisition, restricted stock units, RSU, director compensation, Spiro C. Lazarakis