Impinj (PI) director Gibson exercises RSUs and reports updated share holdings
Rhea-AI Filing Summary
Impinj director Daniel Patrick Gibson reported updates to his equity holdings. The filing shows indirect ownership of 1,022,171 shares of Impinj common stock through investment entities over which he may be deemed to share voting and dispositive power.
Gibson exercised previously granted restricted stock units, converting 3,114 RSUs into 3,114 shares of common stock at a stated price of $0.00 per share, resulting in 23,010 directly held shares of common stock after the transaction. He also received a new award of 1,896 RSUs, each representing one share of common stock, which will fully vest on May 28, 2027. Earlier RSUs granted on June 5, 2025 fully vested on May 28, 2026 before being settled into common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,114 shares
Net Buy
4 txns
Insider
Gibson Daniel Patrick
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,114 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 1,896 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,114 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,896 shares (Direct);
Common Stock — 23,010 shares (Direct);
Common Stock — 1,022,171 shares (Indirect, See footnote)
Footnotes (4)
- F1. Sylebra Capital Limited (Sylebra HK) and Sylebra Capital LLC (Sylebra US) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Parc Master Fund (PARC MF), Sylebra Capital Menlo Master Fund (MENLO MF), and other advisory clients. Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK. Sylebra Cayman owns 100% of the shares of Sylebra HK, and Daniel Patrick Gibson (Gibson) owns 100% of Class A shares of Sylebra Cayman and 100% of the share capital of Sylebra US. Gibson is a founder and Chief Investment Officer of Sylebra Cayman. In such capacities, Sylebra HK, Sylebra US, Sylebra Cayman and Gibson may be deemed to share voting and dispositive power over the shares of common stock of the Issuer held by SCP MF, PARC MF, MENLO MF, and other advisory clients.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Impinj common stock.
- F3. On June 5, 2025, the reporting person was granted 3,114 RSUs. These RSUs fully vested on May 28, 2026.
- F4. The restricted stock units will fully vest on May 28, 2027.
Key Figures
Indirect common shares: 1,022,171 shares
Direct common shares: 23,010 shares
RSUs exercised: 3,114 units
+2 more
5 metrics
Indirect common shares
1,022,171 shares
Indirect ownership following transactions on May 28, 2026
Direct common shares
23,010 shares
Direct ownership after RSU exercise on May 28, 2026
RSUs exercised
3,114 units
RSUs granted June 5, 2025; vested May 28, 2026 and converted
New RSU grant
1,896 units
RSUs granted with full vesting on May 28, 2027
Exercise price
$0.00 per share
Price for conversion of 3,114 RSUs into common stock
Key Terms
Restricted Stock Units, derivative security, voting and dispositive power, investment manager
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Impinj common stock."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
voting and dispositive power financial
"may be deemed to share voting and dispositive power over the shares of common stock of the Issuer"
investment manager financial
"Sylebra Capital Management (Sylebra Cayman) is the investment manager and parent of Sylebra HK."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Impinj (PI) director Daniel Patrick Gibson report?
Daniel Patrick Gibson reported exercising 3,114 restricted stock units into 3,114 Impinj common shares and receiving a new grant of 1,896 RSUs. The filing also updates his direct and indirect ownership positions following these equity compensation-related transactions.
What did the RSU exercise in Daniel Patrick Gibson’s Impinj (PI) Form 4 involve?
Gibson exercised 3,114 restricted stock units, each representing one Impinj common share, at a stated price of $0.00 per share. These RSUs were originally granted on June 5, 2025 and fully vested on May 28, 2026 before being converted into common stock.
What new restricted stock unit award did Daniel Patrick Gibson receive from Impinj (PI)?
He received a new award of 1,896 restricted stock units, each convertible into one share of Impinj common stock. According to the filing, these RSUs will fully vest on May 28, 2027, subject to the award’s standard vesting conditions remaining in place.
How are Daniel Patrick Gibson’s indirect Impinj (PI) holdings structured?
The filing explains that entities Sylebra HK, Sylebra US, and Sylebra Cayman advise or manage several funds and clients that hold Impinj shares. In these capacities, they and Gibson may be deemed to share voting and dispositive power over 1,022,171 indirectly held shares.