Form 4: Director Naguib Hatem H. Acquires DGII Stock
Insider Ownership Change
Digi International Director Hatem H. Naguib reported the acquisition of 4,066 shares of common stock through restricted stock units.
Summary
- Hatem H. Naguib, a Director of Digi International Inc. (DGII), acquired 4,066 shares of common stock.
- The acquisition occurred on February 9, 2026.
- These shares were acquired at a price of $0, indicating they are restricted stock units (RSUs).
- Following this transaction, Naguib Hatem H. beneficially owns a total of 40,866 shares of DGII common stock directly.
- The acquired shares are restricted stock units scheduled to vest on the date immediately preceding the issuer's next annual meeting of stockholders, unless earlier accelerated or terminated pursuant to their terms.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive signal, as a director increasing their stake, even via grants, generally indicates confidence in the company's future, though it's a routine compensation event.
Positives
- A Director increasing their beneficial ownership, even through grants, can signal continued alignment with shareholder interests.
Risks
- The vesting of restricted stock units is contingent on continued service and company performance, and can be terminated under certain terms.
Future Outlook
The restricted stock units are scheduled to vest on the date immediately preceding the issuer's next annual meeting of stockholders, subject to earlier acceleration or termination per their terms.
Industry Context
StockSavvy.ai notes that insider acquisitions, even through grants, are often viewed positively by the market as they align management's interests with those of shareholders, particularly in the technology sector where long-term incentives are common.
Stakeholder Impact
- Shareholders: Increased alignment of a director's interests with shareholders due to increased stock ownership.
- Employees: The RSU grant is part of a compensation structure that incentivizes long-term performance.
Next Steps
- Vesting of the restricted stock units on the date immediately preceding the issuer's next annual meeting of stockholders.
Key Dates
| Date | Description |
|---|---|
| 02/09/2026 | Date of transaction for the acquisition of common stock. |
| 02/11/2026 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThis Form 4 reports a routine grant of restricted stock units to a director, which is a standard compensation practice. While it shows continued insider ownership and alignment, it does not provide new fundamental information to warrant a change in investment recommendation. The transaction is expected and does not significantly alter the company's risk profile or growth prospects.
Keywords
Digi International, DGII, Form 4, Insider Trading, Stock Acquisition, Restricted Stock Units, Director Ownership, Hatem H. Naguib
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