Form 4: Impinj CFO Cary Baker Reports Stock Transactions
SEC Form 4 Filing
Cary Baker, CFO of Impinj Inc., reports the vesting of restricted stock units and subsequent disposition of shares to cover tax obligations.
Summary
- On April 12, 2025, Cary Baker, the CFO of Impinj Inc., had 938 restricted stock units (RSUs) vest.
- Baker disposed of 370 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, Baker directly owns 79,230 shares of Impinj common stock.
- The RSUs were granted on April 12, 2021, and vest in installments.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to routine executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/12/2021 | Reporting person was granted 15,000 RSUs |
| 04/12/2022 | One fourth of RSUs vested |
| 04/12/2025 | 938 RSUs vested |
| 04/14/2025 | 370 shares disposed of to cover tax obligations |
Keywords
Form 4, Impinj, Cary Baker, Stock, RSU, Disposition, Vesting, Officer, CFO
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