Form 4: Impinj Director Miron Washington Reports Stock Transactions
SEC Form 4 Filing
Director Miron Washington reports the vesting and conversion of restricted stock units into Impinj common stock.
Summary
- On June 6, 2024, Miron Washington, a director of Impinj Inc., reported transactions involving restricted stock units (RSUs).
- 1,729 RSUs vested and were converted into 1,729 shares of Impinj common stock.
- Additionally, 1,811 RSUs were acquired, which will fully vest on the earlier of June 6, 2025, or the date of the 2025 annual meeting of stockholders.
- Following these transactions, Washington directly owns 1,811 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting standard compensation practices and regulatory reporting.
Future Outlook
The director will have 1,811 unvested RSUs that will vest on the earlier of June 6, 2025, or the date of the 2025 annual meeting of stockholders.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies. It provides transparency to investors regarding the ownership and trading activities of company executives and directors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 06/08/2023 | The reporting person was granted 1,729 RSUs. |
| 06/06/2024 | Date of the reported transactions: vesting and conversion of 1,729 RSUs and acquisition of 1,811 RSUs. |
| 06/07/2024 | Date of signature on the Form 4 filing. |
| 06/06/2025 | Date on which the 1,811 RSUs will fully vest, or the date of the 2025 annual meeting of stockholders, whichever is earlier. |
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