Konezny Ronald 4

What Happened
Ronald Konezny, President & CEO of Digi International (DGII), exercised 60,654 stock options on June 5, 2026 by paying an exercise price of $21.53 per share (total cost $1,305,881). To cover tax withholding/obligations, 39,776 of the newly acquired shares were surrendered/disposed at a reported value of $66.78 each (total value $2,656,241). The exercise also shows the associated option instrument was converted/terminated (reported as a derivative disposition at $0).

Key Details

• Transaction date: 2026-06-05; Form 4 filed: 2026-06-09.
• Options exercised: 60,654 shares at $21.53 (cost $1,305,881).
• Shares withheld/surrendered for tax: 39,776 shares at $66.78 (value $2,656,241).
• Net shares retained from the exercise: 60,654 − 39,776 = 20,878 shares (based on reported numbers).
• Footnote: F1 — Fully vested.
• Shares owned after transaction: not specified in the provided filing.
• No indication in the filing that this was an open-market sale; the disposition appears to be tax withholding/cashless treatment related to the exercise.

Context
This is an option exercise with partial share surrender to satisfy tax liabilities (common for executives). The separate derivative line reported at $0 reflects the conversion/termination of the options upon exercise, not a market sale of additional shares. The filing is factual and does not state motivations; purchases or exercises increase insider exposure, while share withholdings are standard administrative/tax actions.