Form 4: Digi International VP Terrence G. Schneider Sells Shares in Recent Transactions

Digi International's VP of Supply Chain, Terrence G. Schneider, disposed of 1,520 shares of common stock in two separate transactions.

Summary

• Terrence G. Schneider, VP of Supply Chain at Digi International, sold a total of 1,520 shares of common stock.
• The sales occurred in two transactions on November 22, 2024, and November 24, 2024.
• 622 shares were sold on November 22, 2024, and 898 shares were sold on November 24, 2024.
• Both transactions were executed at a price of $32.95 per share.
• Following these transactions, Mr. Schneider directly owns 35,635 shares of Digi International common stock.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of insider trading activity, which is neither positive nor negative in itself. The sentiment is neutral.

Industry Context

This is a routine disclosure of insider trading activity, which is common for publicly traded companies. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are relatively small in volume compared to the overall trading volume of Digi International stock, and are not unusual for executive stock sales.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as the volume of shares sold is small compared to the total outstanding shares.

Key Dates

Keywords

Digi International, DGII, stock sale, insider trading, Terrence G. Schneider, Form 4, executive transaction, share disposal