IMPINJ INC·4

Mar 24, 4:31 PM ET

DIORIO CHRIS PH.D. 4

4 · IMPINJ INC · Filed Mar 24, 2026

Research Summary

AI-generated summary of this filing

Updated

Impinj (PI) CEO Chris DiOrio Receives RSUs; 2,218 Shares Remitted

What Happened

  • Chris DiOrio, CEO of Impinj (PI), had RSUs vest on March 23, 2026. A total of 5,635 RSUs converted into common shares (from prior grants). Of those, 2,218 shares were remitted to the company to satisfy tax withholding, valued at $101.17 per share for a total of $224,395. After withholding, DiOrio received a net ~3,417 shares.
  • The filing also reports a grant of 24,806 new RSUs on March 23, 2026. These new RSUs are subject to a multi-quarter vesting schedule described in the footnotes.

Key Details

  • Transaction date: March 23, 2026; Form 4 filed March 24, 2026 (timely).
  • Vested/conversion (derivative -> shares): 2,594 + 1,224 + 1,817 = 5,635 shares (no cash exercise price).
  • Tax withholding (exempt disposition to issuer under Rule 16b-3(e)): 2,218 shares surrendered at $101.17 each = $224,395.
  • Net shares added to holdings from vesting: 5,635 − 2,218 = ~3,417 shares.
  • New award: 24,806 RSUs granted (one-fourth vests March 23, 2027; thereafter 1/16th each quarter, per footnote).
  • Footnotes: RSUs represent rights to one share each; vesting items came from prior grants dated 2022, 2023 and 2024 (one‑sixteenth vested each on 3/23/26).
  • Shares owned after transaction: Not specified in the filing.

Context

  • These were RSU vesting and related tax-withholding transactions, not open‑market buys or sales. Surrendering shares to cover taxes is a common, administrative step and does not necessarily signal insider sentiment.
  • The $0.00 amounts for the derivative entries indicate RSU conversions rather than option exercises requiring cash payment. The withholding was processed as an exempt disposition to the issuer (Rule 16b‑3(e)).

Insider Transaction Report

Form 4
Period: 2026-03-23
DIORIO CHRIS PH.D.
DirectorCHIEF EXECUTIVE OFFICER
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-23+2,594389,479 total
  • Exercise/Conversion

    Common Stock

    2026-03-23+1,224390,703 total
  • Exercise/Conversion

    Common Stock

    2026-03-23+1,817392,520 total
  • Tax Payment

    Common Stock

    [F1]
    2026-03-23$101.17/sh2,218$224,395390,302 total
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F3]
    2026-03-232,5940 total
    Exercise: $0.00Common Stock (2,594 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F4]
    2026-03-231,2244,895 total
    Exercise: $0.00Common Stock (1,224 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F5]
    2026-03-231,81714,538 total
    Exercise: $0.00Common Stock (1,817 underlying)
  • Award

    Restricted Stock Units

    [F2][F6]
    2026-03-23+24,80624,806 total
    Exercise: $0.00Common Stock (24,806 underlying)
Holdings
  • Common Stock

    (indirect: by DFT L.L.C.)
    199,362
Footnotes (6)
  • [F1]In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of restricted stock units, or RSUs.
  • [F2]Each RSU represents a contingent right to receive one share of Impinj common stock.
  • [F3]On March 23, 2022, the reporting person was granted 41,500 RSUs. One-sixteenth of these vested on March 23, 2026.
  • [F4]On March 23, 2023, the reporting person was granted 19,580 RSUs. One-sixteenth of these vested on March 23, 2026.
  • [F5]On March 23, 2024, the reporting person was granted 29,075 RSUs. One-sixteenth of these vested on March 23, 2026.
  • [F6]One-fourth of the shares subject to the grant shall vest on March 23, 2027, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the reporting person's continued service to the Issuer through such date.
Signature
/s/ Yukio Morikubo, Attorney in fact for Chris Diorio|2026-03-24

Documents

1 file
  • 4
    form4-03242026_080342.xmlPrimary