Impinj CFO remits 424 shares for tax withholding
Vested RSUs resulted in common shares, while 424 shares were remitted to the issuer for tax withholding.
Rhea-AI Filing Summary
Impinj Inc. CFO Baker Cary reported that 479 RSUs from a March 23, 2023 grant and 596 RSUs from a March 23, 2024 grant vested on September 23, 2026; one-sixteenth of each grant vested. Cary acquired the corresponding common shares and remitted 424 shares to the issuer for tax withholding, reported at $177.20 per share. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,075 shares exercised/converted
Exercise
5 txns
Insider
Baker Cary
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 479 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F2, F4 | 596 | $0.00 | $0.00 |
| Exercise | Common Stock | 479 | $0.00 | $0.00 |
| Exercise | Common Stock | 596 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F1 | 424 | $177.20 | $75K |
Holdings After Transaction:
Restricted Stock Units — 4,539 contracts (Direct);
Common Stock — 81,039 shares (Direct)
Footnotes (4)
- F1. 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.
- F2. Each RSU represents a contingent right to receive one share of Impinj common stock.
- F3. On March 23, 2023, the reporting person was granted 7,665 RSUs. One-sixteenth of these vested on September 23, 2026.
- F4. On March 23, 2024, the reporting person was granted 9,545 RSUs. One-sixteenth of these vested on September 23, 2026.
Key Figures
RSUs vested from March 23, 2023 grant: 479 RSUs
RSUs vested from March 23, 2024 grant: 596 RSUs
Common shares acquired: 479 shares
+3 more
6 metrics
RSUs vested from March 23, 2023 grant
479 RSUs
One-sixteenth vested September 23, 2026
RSUs vested from March 23, 2024 grant
596 RSUs
One-sixteenth vested September 23, 2026
Common shares acquired
479 shares
September 23, 2026, upon vesting of RSUs
Common shares acquired
596 shares
September 23, 2026, upon vesting of RSUs
Shares remitted for tax withholding
424 shares
Remitted to the issuer September 23, 2026
Per-share value reported for tax withholding
$177.20 per share
September 23, 2026
Key Terms
Restricted Stock Units, contingent right, tax withholding obligations, Rule 16b-3(e)
4 terms
Restricted Stock Units financial
"One-sixteenth of these vested on September 23, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share"
tax withholding obligations financial
"satisfaction of tax withholding obligations arising out of the vesting"
Rule 16b-3(e) regulatory
"exempt disposition to the Issuer under Rule 16b-3(e)"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Impinj (PI) CFO Baker Cary report on September 23, 2026?
On September 23, 2026, 479 RSUs from a March 23, 2023 grant and 596 RSUs from a March 23, 2024 grant vested. Cary acquired the corresponding common shares and remitted 424 shares to the issuer for tax withholding, reported at $177.20 per share.
Was the PI CFO's transaction reported under a Rule 10b5-1 plan?
No Rule 10b5-1 plan is reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.