Form 4: Impinj Inc. Executive Hussein Mecklai Reports Stock Transactions
SEC Form 4 Filing
Hussein Mecklai, Chief Operating Officer of Impinj Inc., reports the vesting of restricted stock units and a related disposition of shares to cover tax obligations.
Summary
- On April 12, 2025, Hussein Mecklai, the Chief Operating Officer of Impinj Inc., had 1,094 Restricted Stock Units (RSUs) vest.
- Mecklai also disposed of 431 shares of common stock on April 14, 2025, at a price of $66.77 per share to satisfy tax withholding obligations related to the vesting of the RSUs.
- Following these transactions, Mecklai directly owns 75,882 shares of Impinj common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions, and does not contain information that would significantly shift investor sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 04/12/2021 | Reporting person was granted 17,500 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 17,500 RSUs granted on April 12, 2021 vested. |
| 04/12/2025 | 1,094 RSUs vested. |
| 04/14/2025 | 431 shares disposed of to cover tax obligations. |
Keywords
Form 4, Impinj Inc, Hussein Mecklai, Restricted Stock Units, RSU, Stock Transaction, Beneficial Ownership, Insider Trading
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