Form 4: Digi International Executive James E. Freeland Reports Stock Disposal

James E. Freeland, VP and Chief Information Officer of Digi International, disposed of 541 shares of common stock on May 6, 2025, to cover tax obligations.

Summary

• On May 6, 2025, James E. Freeland, the VP and Chief Information Officer of Digi International, disposed of 541 shares of common stock.
• The transaction was executed at a price of $27.99 per share.
• Following the transaction, Freeland directly owns 13,083.178 shares of Digi International.
• The transaction was reported on May 8, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine disclosure of stock disposal by an executive, likely for tax purposes. It doesn't inherently indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares compared to the total outstanding shares of Digi International.

Key Dates

Keywords

Digi International, DGII, James E. Freeland, Stock Disposal, Form 4, Insider Trading, Chief Information Officer