Lazarakis Spiro C. 4

What Happened
Spiro C. Lazarakis, a director of DIGI International Inc. (DGII), received an award of 4,066 restricted stock units (RSUs) on February 9, 2026. The grant was recorded at $0.00 acquisition price (typical for RSU awards), so no cash changed hands at grant.

Key Details

• Transaction date: 2026-02-09; Filing date (Form 4): 2026-02-11 (filed within the standard 2-business-day window).
• Transaction type/code: Award/Grant (A) — 4,066 RSUs @ $0.00.
• Shares owned after transaction: Not specified in the provided filing information.
• Footnote: F1 — these RSUs are scheduled to vest on the date immediately preceding the issuer’s next annual meeting of stockholders unless earlier accelerated or terminated under the award terms.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise indicated in the provided data.

Context
RSUs are a form of deferred equity compensation: they represent a promise to deliver shares (or their cash value) if and when they vest. Because this is a grant rather than an open-market purchase or sale, it doesn’t by itself signal buying or selling pressure — it reflects board/executive remuneration. The filing appears timely based on the provided dates.