Impinj (NASDAQ: PI) CEO Diorio reports RSU vesting and new stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Impinj CEO Chris Diorio reported routine equity compensation activity on March 23, 2026. A total of 5,635 restricted stock units, granted in prior years, were exercised into common shares, and 2,218 common shares were remitted to Impinj to cover tax withholding obligations.
Following these transactions, Diorio directly held 390,302 shares of Impinj common stock and indirectly held 199,362 shares through DFT L.L.C. He also received a new grant of 24,806 restricted stock units, with one-fourth vesting on March 23, 2027 and additional portions vesting quarterly thereafter, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,635 shares exercised/converted
Mixed
9 txns
Insider
DIORIO CHRIS PH.D.
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,594 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,224 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,817 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 24,806 | $0.00 | -- |
| Exercise | Common Stock | 2,594 | $0.00 | -- |
| Exercise | Common Stock | 1,224 | $0.00 | -- |
| Exercise | Common Stock | 1,817 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,218 | $101.17 | $224K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 389,479 shares (Direct);
Common Stock — 199,362 shares (Indirect, by DFT L.L.C.)
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 41,500 RSUs. One-sixteenth of these vested on March 23, 2026. On March 23, 2023, the reporting person was granted 19,580 RSUs. One-sixteenth of these vested on March 23, 2026. On March 23, 2024, the reporting person was granted 29,075 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) CEO Chris Diorio report on March 23, 2026?
Chris Diorio reported vesting of 5,635 restricted stock units that converted into common shares and a tax-withholding disposition of 2,218 shares. These were routine equity compensation events rather than open-market purchases or sales of Impinj stock.
Were any of Chris Diorio’s March 23, 2026 Impinj (PI) transactions open-market buys or sells?
None of the reported transactions were open-market buys or sells. They reflect RSU vesting, derivative exercises into common stock, and shares remitted to Impinj to satisfy tax withholding obligations, which are standard for equity compensation programs.
What new restricted stock unit award did Impinj (PI) grant to CEO Chris Diorio?
Impinj granted Chris Diorio 24,806 new restricted stock units. One-fourth of this award is scheduled to vest on March 23, 2027, with one-sixteenth vesting each quarter thereafter, contingent on his continued service with the company.
How were tax obligations handled in Chris Diorio’s March 23, 2026 Impinj (PI) equity vesting?
To cover tax withholding from RSU vesting, 2,218 Impinj common shares were remitted back to the company in an exempt disposition under Rule 16b-3(e). This mechanism pays taxes without an open-market sale of shares.