secwatch.observer — SEC 8-K summary
======================================

Issuer:     DIGI INTERNATIONAL INC (DGII)
CIK:        0000854775
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0000854775-26-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Digi International grants performance stock units to CFO and SVP contingent on integration and succession milestones
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/854775/000085477526000008/0000854775-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/854775/000085477526000008/dgii-20260227.htm
  HTML page:      https://secwatch.observer/filing/0000854775-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer