Freeland James E. 4
Research Summary
AI-generated summary
Digi International (DGII) CIO James Freeland Sells 1,355 Shares
What Happened
James E. Freeland, Vice President and Chief Information Officer of Digi International (DGII), reported a sale of 1,354.836 shares of Digi common stock on February 10, 2026. The shares were sold at a weighted-average price of $45.84 per share for total proceeds of about $62,112. The filing reports these as open-market or private sales (transaction code S).
Key Details
- Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely — within the usual 2-business-day window).
- Shares sold: 1,354.836; weighted-average price: $45.84; total proceeds: ~$62,112.
- Price range reported in footnote: $45.7901 to $45.8900 per share (sales occurred in multiple transactions).
- Footnote: The reporting person will provide, upon request to the SEC staff, issuer, or a security holder, the number of shares sold at each separate price.
- Shares owned after the transaction: not specified in the provided filing.
Context
- This report documents a sale, which is generally considered routine insider selling (e.g., diversification, tax, or other personal reasons) and does not by itself indicate the insider’s view of the company’s prospects.
- No options were exercised and no awards, gifts, or tax-withholding transactions are indicated in this filing.