Form 4: Pixelworks CEO Todd DeBonis Sells Shares to Cover Tax Obligations
SEC Form 4
Pixelworks CEO Todd DeBonis sold 24,039 shares of common stock on August 20, 2024, to cover tax obligations arising from the release of restricted stock units.
Summary
- On August 20, 2024, Todd DeBonis, the President and CEO of Pixelworks, Inc., sold 24,039 shares of common stock.
- The sale was executed at a price of $0.7734 per share.
- This transaction was conducted to cover the tax obligations resulting from the release of restricted stock units on August 15, 2024.
- Following the transaction, DeBonis directly owns 1,741,184 shares of Pixelworks common stock.
Sentiment
Score: 5
Explanation: The document describes a routine transaction (selling shares to cover tax obligations). It doesn't indicate any significant positive or negative sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Restricted stock units released. |
| 08/20/2024 | Todd DeBonis sold 24,039 shares of Pixelworks common stock. |
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