Form 4: Digi International VP Sells Shares for Tax Obligations
Insider Transaction Report
Digi International's VP of Supply Chain, Terrence G. Schneider, reported the disposition of common stock to cover tax withholding obligations.
Summary
- Terrence G. Schneider, VP of Supply Chain at Digi International Inc. (DGII), reported multiple dispositions of common stock.
- These transactions were made to satisfy tax withholding obligations, indicated by transaction code 'F'.
- On November 26, 2025, 772 shares were disposed of at $42.36 per share.
- On November 29, 2025, 575 shares were disposed of at $41.83 per share.
- On November 30, 2025, 732 shares were disposed of at $41.83 per share.
- Following these transactions, Schneider beneficially owns 26,759 shares of common stock directly.
- A previous clerical error in the share balance reported on the November 25, 2025 Form 4 was corrected, though all transaction details in that prior filing were accurate.
Sentiment
Score: 5
Explanation: Neutral. The filing reports routine insider transactions for tax withholding, which is a common practice and does not inherently indicate positive or negative sentiment regarding the company's performance or outlook.
Positives
- The transactions are dispositions for tax withholding, not open market sales, which typically indicates the vesting of equity awards rather than a lack of confidence in the company.
Negatives
- Reduction in direct beneficial ownership by a key executive, though for tax purposes.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance.
Industry Context
This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape. It reflects standard equity compensation practices within publicly traded companies.
Comparison to Industry Standards
- This Form 4 filing details routine insider transactions for tax withholding purposes, which is a common practice across industries for executives receiving equity compensation. It does not provide specific financial or operational results for direct comparison to industry benchmarks or competitors.
Stakeholder Impact
- Shareholders: Minor dilution from the underlying equity awards (if new shares were issued upon vesting) and a slight reduction in insider ownership, though for tax purposes.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 11/25/2025 | Date of prior Form 4 filing with clerical error in reported balance. |
| 11/26/2025 | Disposition of 772 shares of common stock at $42.36. |
| 11/29/2025 | Disposition of 575 shares of common stock at $41.83. |
| 11/30/2025 | Disposition of 732 shares of common stock at $41.83. |
| 12/01/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 filing details routine insider dispositions of common stock by a VP for tax withholding purposes. Such transactions are common for equity compensation and do not typically signal a change in the company's fundamentals or management's confidence. Therefore, it does not provide a basis for a 'buy' or 'sell' recommendation, suggesting a 'hold' position based solely on this filing.
Keywords
Digi International, DGII, Form 4, Insider Trading, Stock Disposition, Terrence G. Schneider, VP Supply Chain, Equity Compensation, Tax Withholding
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