other material
confidence high
sentiment neutral
materiality 0.35
Digi International grants performance stock units to CFO and SVP contingent on integration and succession milestones
DIGI INTERNATIONAL INC
- CFO James Loch receives PSU award eligible for up to 14,668 shares based on software integration milestones through Sept 2028.
- First tranche (4,890 shares) vests Nov 1, 2026 if integration goals met by Sept 30, 2026.
- Second tranche (4,889 shares) vests Nov 1, 2027 if platform migration by Sept 2027; third tranche (4,889) vests Nov 2028 for further migration.
- EVP David Sampsell receives PSU award for up to 12,223 shares contingent on identifying successors by Dec 31, 2028.
- Vesting requires continued employment and certification of performance by Compensation Committee.