Form 4: Impinj Inc. Director Cathal G. Phelan Sells Shares in Multiple Transactions

Cathal G. Phelan, Chief Innovation Officer and Director at Impinj Inc., reports selling shares of common stock in a series of transactions on April 26, 2024.

Summary

• On April 26, 2024, Cathal G. Phelan, Chief Innovation Officer and Director at Impinj Inc., sold shares of the company's common stock.
• The sales occurred in multiple transactions at varying prices.
• A total of 6,415 shares were sold at a weighted-average price of $146.339, with prices ranging from $146.305 to $146.705.
• An additional 2,584 shares were sold at a weighted-average price of $150.221, with prices ranging from $150.00 to $150.73.
• Further sales included 318 shares at a weighted-average price of $151.6765 (ranging from $151.29 to $152.15), 627 shares at $152.4343 (ranging from $152.325 to $152.665), and 56 shares at $153.81.
• Following these transactions, Phelan directly owns 15,801 shares of Impinj Inc. common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales. The sentiment is neither positive nor negative as it simply reports transactions.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The stock sale by a company director may be of interest to shareholders, as it provides insight into the director's perspective on the company's value.

Key Dates