Form 4: Digi International Executive Transfers Shares in Trust

A Digi International executive, David H. Sampsell, transferred 64,864 shares of common stock into a revocable trust.

Summary

• David H. Sampsell, a VP at Digi International, transferred 64,864 shares of common stock into a revocable trust on January 8, 2025.
• The transfer involved both a disposal of 64,864 shares held directly and an acquisition of 64,864 shares held indirectly through the trust.
• The transaction did not involve a monetary exchange, with a price of $0 per share listed for both the disposal and acquisition.

Sentiment

Score: 5

Explanation: The document is a neutral report of a standard insider transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing for insider transactions and is common practice for executives managing their personal holdings.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock transfers.
• Similar filings are made by executives at companies like Cisco, Juniper, and other tech firms when they transfer or trade shares.

Stakeholder Impact

• This transaction has no direct impact on shareholders, employees, customers, suppliers, or creditors as it is a transfer of ownership, not a sale.

Key Dates

Keywords

Digi International, stock transfer, Form 4, insider transaction, revocable trust, David H. Sampsell, DGII