Form 4: Impinj Inc. Executive Cathal G. Phelan Reports Stock Transactions
SEC Form 4 Filing
Cathal G. Phelan, Chief Innovation Officer at Impinj Inc., reports the acquisition and disposal of common stock and restricted stock units to cover tax obligations.
Summary
- On June 23, 2024, Cathal G. Phelan, Chief Innovation Officer of Impinj Inc., acquired 413 shares of common stock upon the vesting of restricted stock units.
- On June 24, 2024, Phelan disposed of 156 shares at a weighted average price of $147.2454 and 56 shares at a weighted average price of $148.2852.
- These disposals were non-discretionary transactions to cover tax withholding obligations related to the settlement of restricted stock units.
- Following these transactions, Phelan directly owns 16,669 shares of Impinj Inc. common stock and 4,545 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, detailing stock transactions by an insider. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transactions.
Key Dates
| Date | Description |
|---|---|
| 03/23/2023 | The reporting person was granted 6,610 RSUs. |
| 06/23/2024 | 413 shares of common stock acquired due to RSU vesting. |
| 06/24/2024 | 156 and 56 shares of common stock disposed of to cover tax obligations. |
| 06/25/2024 | Date of signature for the Form 4 filing. |
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