Sylebra entities trim Impinj (NASDAQ: PI) stake with 45K-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sylebra Capital–advised funds reported open-market sales of Impinj common stock. On June 2, entities advised by Sylebra sold 38,724 shares at an average price of $142.3145 per share. On June 3, they sold an additional 6,313 shares at $139.1663 per share.
After these transactions, the filing shows 921,467 Impinj shares indirectly held. The shares are owned by Sylebra Capital Partners Master Fund, Sylebra Capital Menlo Master Fund, and other advisory clients, and Sylebra entities and Daniel Patrick Gibson disclaim beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 45,037 shares ($6,389,544)
Net Sell
2 txns
Insider
SYLEBRA CAPITAL LLC
Role
null
Sold
45,037 shs ($6.39M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,313 | $139.1663 | $879K |
| Sale | Common Stock | 38,724 | $142.3145 | $5.51M |
Holdings After Transaction:
Common Stock — 921,467 shares (Indirect, See Footnote (1) (2))
Footnotes (1)
- (1) Sylebra Capital LLC (Sylebra US) and Sylebra Capital Limited (Sylebra HK) are the investment sub-advisers to Sylebra Capital Partners Master Fund, Ltd. (SCPMF), 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 more than 100% of the 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 US, Sylebra HK, 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. (2) These securities are held by SCP MF, MENLO MF, and other advisory clients. Gibson is a member of the board of directors of the Issuer. Sylebra US, Sylebra HK, Sylebra Cayman and Gibson disclaim beneficial ownership of these securities, and this report shall not be deemed an admission that Sylebra US, Sylebra HK, Sylebra Cayman and Gibson are the beneficial owners of such securities, except to the extent of their pecuniary interest, if any, therein.
Key Figures
Shares sold June 2, 2026: 38,724 shares
Shares sold June 3, 2026: 6,313 shares
Total shares sold: 45,037 shares
+4 more
7 metrics
Shares sold June 2, 2026
38,724 shares
Open-market sale of Impinj common stock at $142.3145/share
Shares sold June 3, 2026
6,313 shares
Open-market sale of Impinj common stock at $139.1663/share
Total shares sold
45,037 shares
Net shares sold across both reported transactions
Average price June 2 sale
$142.3145/share
Price for 38,724 Impinj shares sold
Average price June 3 sale
$139.1663/share
Price for 6,313 Impinj shares sold
Shares held after June 3
921,467 shares
Indirect Impinj holdings shown following the latest transaction
Shares held after June 2
927,780 shares
Indirect Impinj holdings shown following the June 2 sale
Key Terms
open-market sale, indirect ownership, beneficial ownership, pecuniary interest, +1 more
5 terms
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
indirect ownership financial
""direct_or_indirect": "I", "ownership_type": "indirect""
beneficial ownership financial
"disclaim beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of their pecuniary interest, if any, therein"
investment manager financial
"Sylebra Capital Management (Sylebra Cayman) is the investment manager"
FAQ
Were these Impinj (PI) transactions direct or indirect holdings for the reporter?
The reported Impinj holdings are indirect. Each transaction is coded as indirect ownership, with the nature of ownership described by footnotes that attribute the shares to Sylebra-managed funds and advisory clients rather than to the reporting entities personally.