STOCK TITAN

Pixelworks (PXLW) CEO offloads shares to pay RSU tax bill

(Neutral)
(Negative)
Form Type
4

Rhea-AI Filing Summary

PIXELWORKS, INC (PXLW) reported that President and CEO Todd Debonis sold 7,917 shares of common stock on August 18, 2026 at $6.7357 per share. According to the disclosure, this sale was used to cover the tax obligation from restricted stock units that released on August 14, 2026, and left him holding 256,392 shares directly.

Positive

  • None.

Negative

  • None.
Insider DEBONIS TODD
Role President and CEO
Sold 7,917 shs ($53K)
Type Security Shares Price Value
Sale Common Stock F1 7,917 $6.7357 $53K
Holdings After Transaction: Common Stock — 256,392 shares (Direct)
Footnotes (1)
  1. F1. The tax obligation resulting from the restricted stock units released on August 14, 2026 was covered by shares sold on August 18, 2026.
Shares sold 7,917 shares Common stock sale on August 18, 2026
Sale price per share $6.7357 per share Price for the 7,917 shares sold on August 18, 2026
Shares held after transaction 256,392 shares Direct ownership by Todd Debonis after the August 18, 2026 sale
RSU release date August 14, 2026 Restricted stock units whose tax obligation was covered by the August 18, 2026 sale
restricted stock units financial
"The tax obligation resulting from the restricted stock units released on August 14, 2026"
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.
tax obligation financial
"The tax obligation resulting from the restricted stock units released on August 14, 2026"
Sale in open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"

FAQ

What insider transaction did PXLW report for Todd Debonis?

Todd Debonis, President and CEO of PIXELWORKS, INC (PXLW), sold 7,917 shares of common stock on August 18, 2026 at $6.7357 per share, as reported in a Form 4 filing.

Why did Todd Debonis sell shares of PXLW on August 18, 2026?

The filing states that the tax obligation from restricted stock units released on August 14, 2026 was covered by shares sold on August 18, 2026. The 7,917-share sale was specifically linked to satisfying this tax obligation.

How many PXLW shares does Todd Debonis hold after this transaction?

After the August 18, 2026 sale, Todd Debonis directly holds 256,392 shares of PIXELWORKS, INC common stock, as reported in the Form 4.

What was the sale price for Todd Debonis’s PXLW shares?

The 7,917 PIXELWORKS, INC (PXLW) shares sold by Todd Debonis on August 18, 2026 were reported at a price of $6.7357 per share.

Was Todd Debonis’s PXLW share sale under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and there is no footnote indicating a trading plan, so the sale is not reported as being made under a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
DEBONIS TODD

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

(Street)
PORTLAND OREGON 97224

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PIXELWORKS, INC [ PXLW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/18/2026S(1)7,917D$6.7357256,392D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The tax obligation resulting from the restricted stock units released on August 14, 2026 was covered by shares sold on August 18, 2026.
Todd DeBonis08/18/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)