Impinj (PI) director-affiliated Sylebra funds report multi-day stock sales
Rhea-AI Filing Summary
Impinj, Inc. director-affiliated investment entities reported open-market sales of the company’s common stock. On 12/03/2025, they sold 41,221 shares at $167.97 per share. Additional sales included 3,167 shares at $160.59 on 12/04/2025 and 1,373 shares at $161.04 on 12/05/2025. After these transactions, 1,499,837 shares of Impinj common stock were reported as beneficially owned indirectly. The filing explains that the shares are held by Sylebra-managed funds and advisory clients, and the Sylebra entities and Daniel Patrick Gibson, a director of Impinj, may be deemed to share voting and dispositive power but disclaim beneficial ownership except for any pecuniary interest.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,373 | $161.04 | $221K |
| Sale | Common Stock | 3,167 | $160.59 | $509K |
| Sale | Common Stock | 41,221 | $167.97 | $6.92M |
Footnotes (2)
- 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 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, MENLO MF, and other advisory clients.
- F2. These securities are held by SCP MF, MENLO MF, and/or other advisory clients. Gibson is a member of the board of directors of the Issuer. Sylebra HK, Sylebra US, Sylebra Cayman and Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra HK, Sylebra US,Sylebra Cayman and Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
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FAQ
What insider transactions did Impinj (PI) report in this Form 4?
The filing reports that director-affiliated investment entities sold 41,221 Impinj common shares on 12/03/2025, 3,167 shares on 12/04/2025, and 1,373 shares on 12/05/2025 in open-market sales.
Who are the reporting persons in this Impinj (PI) Form 4 filing?
The explanation identifies Sylebra Capital Limited (Sylebra HK), Sylebra Capital LLC (Sylebra US), Sylebra Capital Management (Sylebra Cayman), Sylebra Capital Partners Master Fund, Ltd. (SCP MF), Sylebra Capital Menlo Master Fund (MENLO MF), other advisory clients, and Daniel Patrick Gibson, who is a director of Impinj.
Do the Sylebra entities and Daniel Patrick Gibson claim full beneficial ownership of the Impinj (PI) shares?
No. The filing explains that Sylebra HK, Sylebra US, Sylebra Cayman, and Daniel Patrick Gibson may be deemed to share voting and dispositive power over the shares but disclaim beneficial ownership, except to the extent of any pecuniary interest.
What is Daniel Patrick Gibson’s role at Impinj (PI)?
The explanation notes that Daniel Patrick Gibson is a member of the board of directors of Impinj and is also a founder and Chief Investment Officer of Sylebra Cayman.