Impinj Inc (PI) CEO Chris Diorio makes 10,000-share stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Impinj CEO Chris Diorio reported a charitable transfer of stock. He made a bona fide gift of 10,000 shares of Impinj common stock at a stated price of $0.00 per share. After this gift, he directly owns 380,302 shares and indirectly holds 199,362 shares through DFT L.L.C. The disposition was effected under a pre-arranged Rule 10b5-1 trading plan adopted on February 23, 2026, indicating the transaction was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
10,000 shares gifted
Mixed
2 txns
Insider
DIORIO CHRIS PH.D.
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 10,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 380,302 shares (Direct, null);
Common Stock — 199,362 shares (Indirect, by DFT L.L.C.)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 10,000 shares
Direct holdings after gift: 380,302 shares
Indirect holdings: 199,362 shares
+2 more
5 metrics
Shares gifted
10,000 shares
Bona fide gift of common stock
Direct holdings after gift
380,302 shares
Common stock directly owned after transaction
Indirect holdings
199,362 shares
Common stock held indirectly by DFT L.L.C.
Gift code
G
Transaction code indicating bona fide gift
Gift price per share
$0.00 per share
Stated transaction price for gifted shares
Key Terms
bona fide gift, Rule 10b5-1 trading plan, indirect ownership, Form 4
4 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 10,000-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Rule 10b5-1 trading plan financial
"footnote: "effected pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026""
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
indirect ownership financial
"ownership_type: "indirect" with nature of ownership "by DFT L.L.C.""
Form 4 regulatory
"Insider activity is reported on SEC Form 4 for Impinj Inc"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Impinj (PI) CEO Chris Diorio report in this Form 4?
Chris Diorio reported a bona fide gift of Impinj common stock. He transferred 10,000 shares as a charitable gift, with no sale proceeds, while maintaining substantial direct and indirect ownership positions in the company after the transaction.
Was the Impinj (PI) CEO’s stock gift made under a Rule 10b5-1 plan?
Yes. The footnote states the disposition of shares was effected pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026. Such plans pre-schedule transactions, reducing the role of day-to-day market timing decisions by insiders.
Does this Impinj (PI) Form 4 indicate any open-market stock sales by the CEO?
No open-market sales are shown. The filing reports a bona fide gift of 10,000 shares and an indirect holding entry, with no transactions coded as open-market purchases or sales of Impinj stock by Chris Diorio in this dataset.