DIGI INTERNATIONAL INC
For the period ended Jan 30, 2026. Filed Dec 17, 2025.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Jan 30, 2026 · Filed Dec 17, 2025
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**UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section 14(a) of
the Securities Exchange Act of 1934
Filed by the Registrant☒
Filed by a Party other than the Registrant☐
Check the appropriate box:
| ☐ | Preliminary Proxy Statement |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) |
| ☒ | Definitive Proxy Statement |
| ☐ | Definitive Additional Materials |
| ☐ | Soliciting Material under §240.14a-12 |
DIGI INTERNATIONAL INC.
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
| ☒ | No fee required. |
| ☐ | Fee paid previously with preliminary materials. |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. |
DIGI INTERNATIONAL INC.
**9350 Excelsior Blvd.
Hopkins, Minnesota 55343
952-912-3444
December 17, 2025
Dear Stockholder:
You cordially are invited to attend our Annual Meeting of Stockholders, commencing at 2:00 p.m., Central Standard Time, on Friday, January 30, 2026. The Annual Meeting will be held in a virtual-only meeting format. Stockholders will not be able physically to attend the Annual Meeting.
The Secretary’s Notice of Annual Meeting and the Proxy Statement that follow describe the matters to come before the meeting. Whether or not you plan to log into the Annual Meeting, please vote your shares promptly so they can be represented at the meeting. If you have elected to receive a full set of proxy materials, then please sign the enclosed proxy card and return it in the accompanying postage-paid reply envelope as quickly as possible. If you later desire to revoke your proxy or voting instructions, you will have an opportunity to do so.
Sincerely,
Non-Executive Chairman of the Board
**DIGI INTERNATIONAL INC.
NOTICE OF ANNUAL MEETING OF STOCKHOLDERS
to be held on
January 30, 2026
The Annual Meeting of Stockholders of Digi International Inc. will be held at 2:00 p.m., Central Standard Time, on January 30, 2026, in a virtual meeting format via live webcast at www.virtualshareholdermeeting.com/DGII2026. Stockholders will not be able to attend the Annual Meeting in person. Additional information is provided below under the heading “General Information.”
The items of business are:
| 1. | to elect two directors; |
| 2. | to approve, on a non-binding advisory basis, the executive compensation paid to our named executive officers (“Say-on-Pay”); |
| 3. | to ratify the appointment of Deloitte & Touche LLP as independent registered public accounting firm of the company for the fiscal year ending September 30, 2026; and |
to transact such other business as may properly be brought before the meeting and any adjournment or postponement thereof.
The Board of Directors has fixed December 8, 2025 as the record date for the meeting, and only stockholders of record at the close of business on that date are entitled to receive notice of and vote at the meeting.
Your proxy is important to ensure a quorum at the meeting. Even if you own only a few shares, and regardless of whether you expect to log into the meeting, please vote your shares by proxy as quickly as possible. You may revoke your proxy at any time prior to its exercise, and voting by proxy will not affect your right to vote if you log into the meeting and revoke the proxy.
By Order of the Board of Directors,
David H. Sampsell
*Executive Vice President, Corporate Development, General Counsel & Corporate Secretary
*Hopkins, Minnesota
December 17, 2025
**DIGI INTERNATIONAL, INC.
PROXY STATEMENT
| GENERAL INFORMATION | 1 |
|---|---|
| Shares of Common Stock Outstanding on Record Date | 1 |
| Vote Required on Proposals | 1 |
| Expenses of Soliciting | 1 |
| Stockholder Proposals | 1 |
| Meeting Admission | 2 |
| HOW TO VOTE | 3 |
| SECURITY OWNERSHIP OF PRINCIPAL STOCKHOLDERS AND MANAGEMENT | 4 |
| PROPOSAL NO. 1: ELECTION OF DIRECTORS | 5 |
| Nominees for Re-Election to Terms Expiring in 2029 | 5 |
| Directors Whose Terms Expire in 2027 | 6 |
| Directors Whose Terms Expire in 2028 | 6 |
| Director Independence | 7 |
| Board Leadership Structure | 7 |
| The Board’s Role in Risk Oversight | 7 |
| Risks Arising from Compensation Policies and Practices | 8 |
| Employee, Officer and Director Hedging | 8 |
| Committees of the Board and Meeting Attendance | 8 |
| Director Nominee Selection Process and Criteria | 9 |
| Stockholder Communications with the Board | 9 |
| Compensation Committee Interlocks and Insider Participation | 9 |
| Insider Trading Policy | 10 |
| Audit and Non-Audit Fees | 10 |
| Report of the Audit Committee | 10 |
| Environmental, Social and Governance Matters | 11 |
| EXECUTIVE COMPENSATION | 13 |
| Compensation Discussion and Analysis | 13 |
| Report of the Compensation Committee | 24 |
| Summary Compensation Table | 24 |
| Grants of Plan-Based Awards for Fiscal 2025 | 25 |
| Outstanding Equity Awards at Fiscal 2025 Year-End | 26 |
| Options Exercised and Stock Vested During Fiscal 2025 | 27 |
| Potential Payments Upon Termination or Change in Control | 28 |
| CEO Pay Ratio | 29 |
| PAY VERSUS PERFORMANCE | 30 |
| Relationship Between Pay and Performance | 31 |
| Tabular List of Important Financial Performance Measures | 31 |
| COMPENSATION OF DIRECTORS | 32 |
| RELATED PERSON TRANSACTION APPROVAL POLICY | 33 |
| EQUITY COMPENSATION PLAN INFORMATION | 33 |
| PROPOSAL NO. 2: ADVISORY VOTE TO APPROVE EXECUTIVE COMPENSATION | 34 |
| Effect of Proposal | 34 |
| PROPOSAL NO. 3: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM | 35 |
| Effect of Proposal | 35 |
| HOUSEHOLDING | 35 |
| ADDITIONAL MATTERS | 35 |
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**DIGI INTERNATIONAL, INC.
PROXY STATEMENT
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.