Khanuja Satbir 4
Research Summary
AI-generated summary
Digi International (DGII) Director Satbir Khanuja Sells 6,000 Shares
What Happened
- Director Satbir Khanuja sold 6,000 shares of Digi International (DGII) in an open-market transaction on Feb 10, 2026 for a total of about $276,015 (weighted avg ~$46.00). The filing also reports an award/acquisition of 4,066 restricted stock units on Feb 9, 2026 shown at $0.00 (a standard RSU grant).
Key Details
- Sale date(s): Feb 10, 2026; sale type: open market; weighted average price: $46.00; total proceeds: ~$276,015. (Footnote F2: sale prices ranged $46.00–$46.03; detailed per-price breakdown available on request.)
- Grant date: Feb 9, 2026; type: restricted stock units (RSUs) shown at $0.00; quantity: 4,066 (Footnote F1: RSUs scheduled to vest the day before the issuer’s next annual meeting unless accelerated or terminated per plan terms).
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Filing timeliness: filed Feb 11, 2026 for transactions on Feb 9–10, 2026 — no indication of a late filing in this report.
Context
- The RSU entry reflects a typical equity award that generally vests later and does not represent an immediate purchase. The sale was an open-market disposal of already-held shares; routine sales by directors are common and do not by themselves indicate company performance or insider sentiment.