Form 4: Impinj CEO Chris Diorio Sells Shares and Exercises Stock Options
SEC Form 4 Filing
Impinj's CEO, Chris Diorio, executed multiple transactions involving the sale of common stock and the exercise of stock options on October 29 and 30, 2024.
Summary
- On October 29, 2024, Chris Diorio, the CEO of Impinj Inc., exercised stock options to acquire 34,474 shares of common stock at a price of $22.4 per share.
- Also on October 29, Diorio sold 9,789 shares at a weighted average price of $200.0891, 15,461 shares at $201.8145, and 9,224 shares at $202.5209.
- On October 30, 2024, Diorio exercised options for an additional 526 shares at $22.4 per share.
- He then sold 373 shares at a weighted average price of $195.2273 and 153 shares at $196.2024.
- Following these transactions, Diorio directly owns 294,438 shares and indirectly owns 532,494 shares through DFT L.L.C.
- After the transactions, Diorio directly holds 40,536 stock options.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard Form 4 filing detailing insider transactions. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among executives of publicly traded companies. The sales could be for personal financial planning or diversification.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 06/15/2028 | Expiration date of stock options |
| 10/29/2024 | Date of stock option exercise and share sales |
| 10/30/2024 | Date of stock option exercise and share sales |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.