Impinj (PI) CFO reports RSU vesting, tax withholding and 7,627-unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Impinj CFO Cary Baker reported routine equity compensation activity involving restricted stock units and common stock. On March 23, 2026, 1,858 RSUs vested and were converted into the same number of Impinj common shares. In connection with the vesting, 732 common shares were remitted to Impinj to satisfy tax withholding obligations under Rule 16b-3(e). Following these transactions, Baker directly held 89,003 shares of common stock.
Baker also received a new grant of 7,627 RSUs, each representing a right to one share of common stock. One-fourth of the shares subject to this new grant will vest on March 23, 2027, and 1/16 of the shares will vest each quarter thereafter, subject to continued service to Impinj.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,858 shares exercised/converted
Mixed
8 txns
Insider
Baker Cary
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 782 | $0.00 | -- |
| Exercise | Restricted Stock Units | 479 | $0.00 | -- |
| Exercise | Restricted Stock Units | 597 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,627 | $0.00 | -- |
| Exercise | Common Stock | 782 | $0.00 | -- |
| Exercise | Common Stock | 479 | $0.00 | -- |
| Exercise | Common Stock | 597 | $0.00 | -- |
| Tax Withholding | Common Stock | 732 | $101.17 | $74K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 88,659 shares (Direct)
Footnotes (1)
- In an exempt disposition to the Issuer under Rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of restricted stock units, or RSUs. Each RSU represents a contingent right to receive one share of Impinj common stock. On March 23, 2022, the reporting person was granted 12,500 RSUs. One-sixteenth of these vested on March 23, 2026. On March 23, 2023, the reporting person was granted 7,665 RSUs. One-sixteenth of these vested on March 23, 2026. On March 23, 2024, the reporting person was granted 9,545 RSUs. One-sixteenth of these vested on March 23, 2026. One-fourth of the shares subject to the grant shall vest on March 23, 2027, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the reporting person's continued service to the Issuer through such date.
FAQ
What insider transactions did Impinj (PI) CFO Cary Baker report?
Cary Baker reported RSU vesting, related tax withholding, and a new RSU grant. On March 23, 2026, 1,858 RSUs vested into common shares and 732 shares were remitted to Impinj for tax obligations.
What new RSU award did Impinj (PI) grant to its CFO?
Impinj granted Cary Baker 7,627 restricted stock units, each representing a right to one common share. This award adds to his equity-based compensation and vests over time, subject to his continued service with Impinj.
What is the vesting schedule for the CFO’s new Impinj (PI) RSU grant?
For the 7,627 new RSUs, one-fourth of the shares will vest on March 23, 2027. The remaining shares will vest in 1/16 increments each quarter thereafter, contingent on Baker’s continued service with the company.
How many RSUs vested for Impinj (PI) CFO Cary Baker on March 23, 2026?
On March 23, 2026, 1,858 restricted stock units vested for Cary Baker and were converted into common shares. This vesting stemmed from prior RSU grants made in 2022, 2023, and 2024, each with scheduled partial vesting on that date.