Sylebra funds trim 33,412 Impinj (PI) shares in open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sylebra-affiliated investment funds sold Impinj common stock in the open market. On this Form 4, entities advised by Sylebra Capital LLC and Sylebra Capital Limited disposed of 33,412 shares of Impinj, Inc. common stock at an average price of $136.8435 per share.
After this transaction, the advisory clients, including Sylebra Capital Partners Master Fund and Sylebra Capital Menlo Master Fund, held 888,055 Impinj shares indirectly. Sylebra and related entities disclaim beneficial ownership of these securities except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 33,412 shares ($4,572,215)
Net Sell
1 txn
Insider
SYLEBRA CAPITAL LLC
Role
null
Sold
33,412 shs ($4.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 33,412 | $136.8435 | $4.57M |
Holdings After Transaction:
Common Stock — 888,055 shares (Indirect, See Footnote (1) (2))
Footnotes (1)
- (1) Sylebra Capital LLC (Sylebra US) and Sylebra Capital Limited (Sylebra HK) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCPMF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK and Daniel Patrick Gibson (Gibson) owns more than 100% of the Class A shares of Sylebra Cayman and 100% of the share capital of Sylebra US. Gibson is a founder and Chief Investment Officer of Sylebra Cayman. In such capacities, Sylebra US, Sylebra HK, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the shares of common stock of the Issuer held by SCP MF, MENLO MF, and other advisory clients. (2) These securities are held by SCP MF, MENLO MF, and other advisory clients. Gibson is a member of the board of directors of the Issuer. Sylebra US, Sylebra HK, Sylebra Cayman and Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra US, Sylebra HK, Sylebra Cayman and Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
Key Figures
Shares sold: 33,412 shares
Sale price per share: $136.8435/share
Shares held after transaction: 888,055 shares
3 metrics
Shares sold
33,412 shares
Open-market sale of Impinj common stock
Sale price per share
$136.8435/share
Average price for the 33,412 shares sold
Shares held after transaction
888,055 shares
Indirect holdings by advisory clients after sale
Key Terms
open-market sale, beneficial ownership, investment sub-advisers, pecuniary interest
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
beneficial ownership financial
"disclaim beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
investment sub-advisers financial
"are the investment sub-advisers to Sylebra Capital Partners Master Fund"
pecuniary interest financial
"except to the extent of their pecuniary interest, if any, therein"