Form 4: Impinj CEO Chris Diorio Reports Stock Transactions
SEC Form 4 Filing
Chris Diorio, CEO of Impinj Inc., reports the vesting of restricted stock units and a disposition of shares to cover tax obligations.
Summary
- On April 12, 2025, Chris Diorio, the CEO of Impinj Inc., had 3,125 restricted stock units (RSUs) vest.
- These RSUs convert into Impinj common stock.
- Diorio disposed of 1,230 shares of common stock on April 14, 2025, at a price of $66.77 per share to satisfy tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Diorio directly owns 362,694 shares of Impinj common stock and indirectly owns 487,494 shares through DFT L.L.C.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common for publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/12/2021 | Reporting person was granted 50,000 RSUs, one fourth of which vested on April 12, 2022, with an additional one-sixteenth of such RSUs vesting every three months thereafter. |
| 04/12/2022 | One fourth of the 50,000 RSUs granted on April 12, 2021 vested. |
| 04/12/2025 | 3,125 RSUs vested. |
| 04/14/2025 | 1,230 shares disposed of to cover tax obligations. |
Keywords
Impinj, Diorio, Chris Diorio, stock, RSU, restricted stock units, Form 4, CEO, insider trading
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