Freeland James E. 4

What Happened

• James E. Freeland, Vice President & Chief Information Officer of DIGI INTERNATIONAL (DGII), had 700 shares disposed/withheld on May 6, 2026 to satisfy a tax obligation tied to an equity event. The shares were valued at $58.85 each, for a total of $41,195. This was a tax-withholding disposition (Form 4 code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-06
• Filing date (Form 4): 2026-05-08 (filed within the standard 2-business-day window)
• Shares withheld/disposed: 700
• Price per share: $58.85
• Total value: $41,195
• Transaction code: F — payment of exercise price or tax liability (shares withheld to cover taxes)
• Shares owned after the transaction: not shown in the excerpt (see the full Form 4 for updated beneficial ownership)
• Notable footnotes: none provided in the summary data

Context

• Code F transactions are typically withholding of shares to cover tax withholding from an option exercise or vesting of restricted stock. This is a routine administrative action and does not indicate an open-market sale or a directional bet on the stock. For full ownership details and the underlying award/exercise that triggered the withholding, consult the filed Form 4.