Impinj CEO gifts 10,000 shares under plan
Impinj CEO Chris Diorio reported a 10,000-share bona fide gift under a Rule 10b5-1 plan, retaining substantial direct and indirect holdings.
Rhea-AI Filing Summary
IMPINJ INC (PI) reported that Chief Executive Officer and director Chris Diorio made a bona fide gift of 10,000 shares of common stock on September 14, 2026. The gift was effected pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026. After this disposition, Diorio held 354,421 shares directly and an additional 199,362 shares indirectly through DFT L.L.C.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
10,000 shares gifted
Gift
2 txns
Insider
DIORIO CHRIS PH.D.
Role
CHIEF EXECUTIVE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 10,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 354,421 shares (Direct);
Common Stock — 199,362 shares (Indirect, by DFT L.L.C.)
Footnotes (1)
- F1. The disposition of shares reported by Dr. Diorio was effected pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026.
Key Figures
Shares gifted: 10,000 shares
Price per share for gift: $0.00 per share
Direct holdings after transaction: 354,421 shares
+2 more
5 metrics
Shares gifted
10,000 shares
Bona fide gift of common stock on September 14, 2026 by CEO Chris Diorio
Price per share for gift
$0.00 per share
Reported transaction price for the 10,000-share bona fide gift
Direct holdings after transaction
354,421 shares
Direct Impinj common stock held by Chris Diorio following the gift
Indirect holdings after transaction
199,362 shares
Indirect Impinj common stock held by DFT L.L.C. associated with Chris Diorio
Rule 10b5-1 plan adoption date
February 23, 2026
Trading plan under which the 10,000-share gift was effected
Key Terms
Rule 10b5-1 trading plan, bona fide gift, indirect ownership
3 terms
Rule 10b5-1 trading plan regulatory
"was 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.
bona fide gift financial
"transaction code description indicates the disposition was a bona fide gift"
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.
indirect ownership financial
"shows indirect ownership of common stock described as held by DFT L.L.C."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Impinj (PI) report for CEO Chris Diorio?
Impinj reported that CEO and director Chris Diorio made a bona fide gift of 10,000 shares of common stock on September 14, 2026, as disclosed in a Form 4 insider filing.
Was the September 14, 2026 Impinj (PI) insider gift under a Rule 10b5-1 plan?
Yes. The filing states the disposition of 10,000 shares by Dr. Diorio was effected pursuant to a Rule 10b5-1 trading plan adopted on February 23, 2026, and the plan affirmation box is checked.
What indirect Impinj (PI) holdings does Chris Diorio report after the transaction?
The Form 4 shows an indirect holding of 199,362 shares of Impinj common stock, held “by DFT L.L.C.”, following the reported September 14, 2026 transactions.
Did the Impinj (PI) insider filing report any open market sales or purchases?
No. The filing reports a bona fide gift of 10,000 shares and a separate entry updating indirect holdings of 199,362 shares. It does not report any open market purchases or sales.
AI-generated analysis. How Rhea-AI works. Not financial advice.