Form 4: Impinj Executive Jeffrey Dossett Reports Stock Transactions
SEC Form 4
Chief Revenue Officer Jeffrey Dossett reports the acquisition and disposal of Impinj Inc. common stock and restricted stock units.
Summary
- Jeffrey Dossett, Chief Revenue Officer of Impinj Inc., filed a Form 4 detailing changes in beneficial ownership.
- On October 12, 2024, Dossett acquired 1,250 shares of common stock and disposed of shares to cover tax withholding obligations related to the vesting of restricted stock units (RSUs).
- On October 14, 2024, Dossett sold 250 shares at a weighted-average price of $237.4769, 226 shares at $238.1774, and 12 shares at $239.
- Following these transactions, Dossett beneficially owns 65,294 shares of Impinj common stock.
- The transactions also involved the vesting of 1,250 restricted stock units (RSUs) which are convertible to common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 04/12/2021 | Reporting person was granted 20,000 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 20,000 RSUs granted on April 12, 2021 vested. |
| 10/12/2024 | Acquisition of 1,250 shares of common stock and vesting of RSUs. |
| 10/14/2024 | Sale of 488 shares of common stock. |
| 10/15/2024 | Date of Form 4 filing. |
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