Pixelworks (PXLW) CEO offloads shares to pay RSU tax bill
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 Trade Summary
Net Seller: 7,917 shares
Net Sell
1 txn
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)
- F1. The tax obligation resulting from the restricted stock units released on August 14, 2026 was covered by shares sold on August 18, 2026.
Key Figures
Shares sold: 7,917 shares
Sale price per share: $6.7357 per share
Shares held after transaction: 256,392 shares
+1 more
4 metrics
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
Key Terms
restricted stock units, tax obligation, Sale in open market or private transaction
3 terms
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.