[Form 4] Impinj, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Chris Diorio, Ph.D., Chief Executive Officer and Director of Impinj, Inc. (PI), reported sales of 10,000 shares of common stock under a Rule 10b5-1 trading plan. The transactions occurred on September 2–3, 2025 and were effected under a trading plan effective May 28, 2025. The sales were reported as multiple transactions with weighted-average prices reported in ranges from $180.00 to $190.405 per share across the trades. Following the reported transactions, Dr. Diorio is shown as beneficially owning 346,109 shares directly and 199,362 shares indirectly (via DFT L.L.C.), for a combined total of 545,471 shares. The Form 4 was signed by an attorney-in-fact on behalf of Dr. Diorio on September 3, 2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine, prearranged insider sales totaling 10,000 shares under a 10b5-1 plan; illustrates insider liquidity, not new company information.
The filing discloses that CEO Chris Diorio sold a total of 10,000 common shares pursuant to a Rule 10b5-1 plan effective May 28, 2025, with transaction dates of September 2 and 3, 2025. Weighted-average sale prices are reported within stated ranges between $180.00 and $190.405. Post-transaction beneficial ownership totaled 545,471 shares (direct plus indirect). From a market-impact perspective, these are preplanned dispositions that comply with insider trading protocols and therefore typically convey limited new information about company performance.
TL;DR: Proper use of a documented 10b5-1 plan and third-party signature indicate governance compliance around insider trading.
The Form 4 explicitly states the sales were made pursuant to a Rule 10b5-1 trading plan effective May 28, 2025, and the filing was executed by an attorney-in-fact, which aligns with standard governance practices for prearranged insider transactions. The filing discloses direct and indirect holdings separately, showing transparency in beneficial ownership. There is no indication of amendments or other atypical disclosures in the provided content.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 80 | $186.365 | $15K |
| Sale | Common Stock | 925 | $187.9578 | $174K |
| Sale | Common Stock | 1,438 | $189.49 | $272K |
| Sale | Common Stock | 2,557 | $190.153 | $486K |
| Sale | Common Stock | 4,517 | $180.5592 | $816K |
| Sale | Common Stock | 483 | $181.3539 | $88K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The sales reported by Dr. Diorio were effected pursuant to a Rule 10b5-1 trading plan effective on May 28, 2025. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $180.00 to $180.82, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $181.185 to $181.54, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $187.8650 to $188.4050, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $188.9201 to $189.8300, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. The "Amount" and "Price" reported in this Column 4 reflect the aggregate number and weighted-average price, respectively, of shares sold. These shares were sold in multiple transactions at prices ranging from $190.0000 to $190.4050, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.