Impinj (NASDAQ: PI) CEO Diorio reports RSU vesting and new stock award

Rhea-AI Filing Summary

Impinj CEO Chris Diorio reported routine equity compensation activity on March 23, 2026. A total of 5,635 restricted stock units, granted in prior years, were exercised into common shares, and 2,218 common shares were remitted to Impinj to cover tax withholding obligations.

Following these transactions, Diorio directly held 390,302 shares of Impinj common stock and indirectly held 199,362 shares through DFT L.L.C. He also received a new grant of 24,806 restricted stock units, with one-fourth vesting on March 23, 2027 and additional portions vesting quarterly thereafter, subject to continued service.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DIORIO CHRIS PH.D.

(Last) (First) (Middle)

400 FAIRVIEW AVENUE NORTH

SUITE 1200

(Street)

SEATTLE WASHINGTON 98109

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
IMPINJ INC [ PI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF EXECUTIVE OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/23/2026		M		2,594	A	$0	389,479	D
Common Stock	03/23/2026		M		1,224	A	$0	390,703	D
Common Stock	03/23/2026		M		1,817	A	$0	392,520	D
Common Stock	03/23/2026		F(1)		2,218	D	$101.17	390,302	D
Common Stock								199,362	I	by DFT L.L.C.

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$0(2)	03/23/2026		M			2,594	(3)	(3)	Common Stock	2,594	$0	0	D
Restricted Stock Units	$0(2)	03/23/2026		M			1,224	(4)	(4)	Common Stock	1,224	$0	4,895	D
Restricted Stock Units	$0(2)	03/23/2026		M			1,817	(5)	(5)	Common Stock	1,817	$0	14,538	D
Restricted Stock Units	$0(2)	03/23/2026		A		24,806		(6)	(6)	Common Stock	24,806	$0	24,806	D

Explanation of Responses:

1. 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.

2. Each RSU represents a contingent right to receive one share of Impinj common stock.

3. On March 23, 2022, the reporting person was granted 41,500 RSUs. One-sixteenth of these vested on March 23, 2026.

4. On March 23, 2023, the reporting person was granted 19,580 RSUs. One-sixteenth of these vested on March 23, 2026.

5. On March 23, 2024, the reporting person was granted 29,075 RSUs. One-sixteenth of these vested on March 23, 2026.

6. One-fourth of the shares subject to the grant shall vest on March 23, 2027, and 1/16th of the shares subject to the grant shall vest each quarter thereafter, subject to the reporting person's continued service to the Issuer through such date.

	/s/ Yukio Morikubo, Attorney in fact for Chris Diorio	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Impinj (PI) CEO Chris Diorio report on March 23, 2026?

Chris Diorio reported vesting of 5,635 restricted stock units that converted into common shares and a tax-withholding disposition of 2,218 shares. These were routine equity compensation events rather than open-market purchases or sales of Impinj stock.

How many Impinj (PI) shares does CEO Chris Diorio own after these Form 4 transactions?

After the reported transactions, Chris Diorio directly held 390,302 Impinj common shares and indirectly held 199,362 shares through DFT L.L.C. These figures combine to show his visible ownership stake as of the Form 4’s reported date.

Were any of Chris Diorio’s March 23, 2026 Impinj (PI) transactions open-market buys or sells?

None of the reported transactions were open-market buys or sells. They reflect RSU vesting, derivative exercises into common stock, and shares remitted to Impinj to satisfy tax withholding obligations, which are standard for equity compensation programs.

What new restricted stock unit award did Impinj (PI) grant to CEO Chris Diorio?

Impinj granted Chris Diorio 24,806 new restricted stock units. One-fourth of this award is scheduled to vest on March 23, 2027, with one-sixteenth vesting each quarter thereafter, contingent on his continued service with the company.

How were tax obligations handled in Chris Diorio’s March 23, 2026 Impinj (PI) equity vesting?

To cover tax withholding from RSU vesting, 2,218 Impinj common shares were remitted back to the company in an exempt disposition under Rule 16b-3(e). This mechanism pays taxes without an open-market sale of shares.