Form 4: Impinj Inc. Executive Jeffrey Dossett Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Chief Revenue Officer Jeffrey Dossett of Impinj Inc. exercised stock options and sold shares on April 26, 2024, according to a Form 4 filing with the SEC.
Summary
- On April 26, 2024, Jeffrey Dossett, Chief Revenue Officer of Impinj Inc., exercised stock options to acquire 8,000 shares of common stock at a price of $17.33 per share.
- Following the exercise, Dossett sold a total of 8,000 shares in multiple transactions at weighted average prices ranging from $144.7252 to $148.4424.
- After these transactions, Dossett directly owns 60,850 shares of Impinj Inc. common stock.
- Dossett also holds 47,153 derivative securities (stock options) after the reported transactions.
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, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company executives. It's a standard practice in publicly traded companies and helps maintain market integrity.
Stakeholder Impact
- Shareholders are informed about the stock transactions of a key executive, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/16/2018 | One-fourth of the shares subject to the option vested. |
| 11/12/2020 | Date of Form 4 filing with an error in the number of derivative securities beneficially owned. |
| 04/26/2024 | Date of the reported transactions: stock option exercise and sale of shares. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
| 05/16/2028 | Expiration date of the stock options. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.