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 disposition of common stock and restricted stock units.
Summary
- Cathal G. Phelan, Chief Innovation Officer of Impinj Inc., filed a Form 4 detailing changes in beneficial ownership.
- On May 20, 2025, Phelan acquired 1,375 shares of common stock through the vesting of restricted stock units (RSUs).
- Also on May 20, 2025, Phelan disposed of 492 shares to cover tax withholding obligations related to the RSU vesting at a price of $123.33 per share.
- Following these transactions, Phelan directly owns 10,431 shares of Impinj common stock and 9,625 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice and required by the SEC.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/20/2024 | One-fourth of the shares subject to the grant vested. |
| 05/20/2025 | Date of stock acquisition and disposition. |
| 05/21/2025 | Date of Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Impinj Inc, Stock Transaction, Cathal G. Phelan, RSU, Chief Innovation Officer
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