Impinj Inc SEC Filings

Impinj (PI) reported Q3 2025 results. Revenue was $96,055 thousand with gross margin of 50.3%, driven by higher systems sales offset by lower endpoint IC average selling prices. Segment revenue included endpoint ICs $78,782 thousand and systems $17,273 thousand. The quarter showed a net loss of $12,810 thousand, primarily reflecting a $15,026 thousand induced conversion expense tied to a convertible note exchange.

In September, Impinj issued $190,000 thousand of 0% convertible senior notes due 2029 and used proceeds and cash to exchange $190,000 thousand of its 2021 notes for cash plus approximately 811,000 shares. The company also paid $11,210 thousand for capped calls associated with the 2029 notes. Year-to-date operating cash flow was $43,610 thousand. Cash and cash equivalents were $51,726 thousand, short-term investments $138,355 thousand, with debt comprising $96,610 thousand current and $183,753 thousand long-term. Shares outstanding were 30,109,132 as of October 17, 2025.

Impinj, Inc. (PI): Director equity grant reported. Director Arthur L. Valdez, Jr. reported an award of 1,220 restricted stock units on 10/20/2025. Each RSU represents a contingent right to receive one share of Impinj common stock and carries no exercise price. The RSUs will fully vest on October 20, 2026, subject to the award’s terms. Following the transaction, 1,220 derivative securities were beneficially owned directly.

Impinj, Inc. (PI) disclosed an insider ownership update: Arthur L. Valdez, Jr. filed a Form 3 as a director, stating that no securities are beneficially owned as of 10/20/2025.

The filing is by one reporting person and lists no non-derivative or derivative holdings.

Impinj, Inc. (PI) expanded and refreshed its board. On October 20, 2025, the Board set its size at seven directors and appointed Arthur L. Valdez Jr. as a director, effective immediately, with an initial term expiring at the next annual meeting of stockholders.

The company states there were no arrangements or understandings behind his selection and no related party transactions requiring disclosure. Mr. Valdez will participate in Impinj’s outside director compensation policy and enter into the company’s standard indemnification agreement.

Chris Diorio, CEO and director of Impinj Inc. (PI), reported multiple transactions tied to the vesting of restricted stock units (RSUs) on 09/23/2025. Portions of RSU grants vested and were converted into common stock: 2,594; 1,224; and 1,818 shares were recorded as acquired under Rule 16b-3 exemptions, increasing his direct holdings. Concurrently, 2,219 shares were remitted to Impinj to satisfy tax withholding at a price of $184.97 per share. After these transactions, Diorio beneficially owns 356,724 shares directly and 199,362 shares indirectly through DFT L.L.C.

Cary Baker, Chief Financial Officer of Impinj Inc. (PI), reported multiple transactions on 09/23/2025 related to the vesting and settlement of restricted stock units (RSUs) and a sale. A total of 1,857 RSUs vested (781 + 479 + 597) and were recorded as acquired in the non-derivative and derivative tables; these RSUs convert one-for-one into common shares. Separately, 732 shares were disposed of in a transaction priced at $184.97 per share, and the reporting person remitted shares to the issuer to satisfy tax withholding obligations arising from RSU vesting. Following the transactions, the reporting person beneficially owned 81,479 shares (after the sale and withholding).

Chris Diorio, Ph.D., Chief Executive Officer and Director of Impinj Inc. (PI), reported insider transactions dated 09/18/2025. The filing shows non-derivative purchases of 47,039 and 7,036 shares of Common Stock on 09/18/2025 at reported prices of $33.77 and $22.40, respectively. Following those transactions the report lists 351,088 shares beneficially owned directly and 199,362 shares beneficially owned indirectly through DFT L.L.C. The filing also reports derivative entries showing stock options tied to the same amounts and exercise prices, with vesting dates noted as July 3, 2021 and June 11, 2022. The document was signed 09/19/2025.

Chris Diorio, Director and Chief Executive Officer of Impinj Inc. (PI), reported sales of common stock effected under a Rule 10b5-1 trading plan on September 15-16, 2025. The filing lists ten sell transactions that aggregate to 9,096 shares sold at weighted-average prices for each batch ranging from about $179.26 up to $191.76 as detailed in the form. Following these transactions, the filing shows Mr. Diorio directly beneficially owns 297,013 shares and indirectly owns 199,362 shares through DFT L.L.C.

The form includes explanatory notes that the reported amounts and prices reflect aggregated multiple transactions within specified per-share price ranges and that full per-transaction detail is available on request.