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Pixelworks (PXLW) director Douglas Darrow awarded 4,000 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Pixelworks, Inc. director Douglas J. Darrow reported an equity award of 4,000 shares of common stock. The Form 4 shows these shares as an acquisition at a price of $0.00 per share, bringing his directly held beneficial ownership to 4,000 shares.

The award is in the form of restricted stock units, each representing a right to receive one share of Pixelworks common stock. According to the terms, the units vest in two equal installments: 50% on April 15, 2026 and the remaining 50% on July 15, 2026.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
Darrow Douglas Jason

(Last) (First) (Middle)
16760 SW UPPER BOONES FERRY ROAD
SUITE 101

(Street)
PORTLAND OR 97224

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PIXELWORKS, INC [ PXLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
01/14/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/14/2026 A 4,000 A (1) 4,000 D
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
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest 50% on April 15, 2026 and 50% on July 15, 2026.
Douglas J. Darrow 01/29/2026
** 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.

FAQ

What did Pixelworks (PXLW) director Douglas J. Darrow report on this Form 4?

Douglas J. Darrow reported receiving 4,000 shares of Pixelworks common stock through an equity award. The filing shows these as an acquisition at $0.00 per share, increasing his directly owned beneficial holdings to 4,000 shares after the transaction.

How many Pixelworks (PXLW) shares were awarded to Douglas J. Darrow?

The Form 4 reports an award of 4,000 shares of Pixelworks common stock. These shares are tied to restricted stock units, with all 4,000 counted as beneficially owned directly by Darrow after the reported transaction on January 14, 2026.

What type of equity did Douglas J. Darrow receive from Pixelworks (PXLW)?

Douglas J. Darrow received restricted stock units linked to Pixelworks common stock. Each restricted stock unit represents a contingent right to receive one share, for a total of 4,000 shares reported as acquired at a price of $0.00 per share.

When do Douglas J. Darrow’s Pixelworks (PXLW) restricted stock units vest?

The restricted stock units vest in two stages during 2026. Half of the units, or 50%, vest on April 15, 2026, and the remaining 50% vest on July 15, 2026, subject to the usual conditions tied to restricted stock awards.

What is Douglas J. Darrow’s ownership form for the reported Pixelworks (PXLW) shares?

The Form 4 indicates that Darrow’s beneficial ownership of the 4,000 Pixelworks shares is direct. The ownership form is marked as “D” for direct, with no separate indirect ownership entity or special nature of indirect beneficial ownership disclosed.

What transaction code is used in Douglas J. Darrow’s Pixelworks (PXLW) Form 4?

The filing uses transaction code “A,” which indicates an acquisition. This code applies to the 4,000 restricted stock unit–linked shares of Pixelworks common stock that Darrow received, all reported at a transaction price of $0.00 per share.
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