Pixelworks (PXLW) CEO sells 12,274 shares to cover RSU tax obligation

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

PIXELWORKS, INC President and CEO Todd Debonis reported an open-market sale of 12,274 shares of Common Stock on May 21, 2026 at an average price of $5.9752 per share. According to a footnote, the sale covered tax obligations from restricted stock units released on May 18, 2026. Following this tax-related sale, Debonis directly holds 214,309 shares.

Insider Trade Summary

Net Seller: 12,274 shares ($73,340)

Net Sell 1 txn

Insider DEBONIS TODD

Role President and CEO

Sold 12,274 shs ($73K)

Type	Security	Shares	Price	Value
Sale	Common Stock	12,274	$5.9752	$73K

Holdings After Transaction: Common Stock — 214,309 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares sold: 12,274 shares Sale price: $5.9752 per share Shares held after transaction: 214,309 shares +1 more

4 metrics

Shares sold 12,274 shares Open-market sale of Common Stock on May 21, 2026

Sale price $5.9752 per share Average price for the May 21, 2026 sale

Shares held after transaction 214,309 shares Direct Common Stock holdings following the sale

RSU release date May 18, 2026 Restricted stock units release that created tax obligation

Key Terms

open-market sale, restricted stock units, Common Stock, non-derivative

4 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.

restricted stock units financial

"The tax obligation resulting from the restricted stock units released on May 18, 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.

Common Stock financial

"security_title: Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

non-derivative financial

"transaction_type: non-derivative"

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 06:33 PM

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^*

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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/21/2026		S⁽¹⁾		12,274	D	$5.9752	214,309	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The tax obligation resulting from the restricted stock units released on May 18, 2026 was covered by shares sold on May 21, 2026.

	Todd DeBonis	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Pixelworks (PXLW) report in this filing?

Pixelworks reported that President and CEO Todd Debonis executed an open-market sale of 12,274 shares of Common Stock. The transaction occurred on May 21, 2026 and was reported as a standard sale in non-derivative securities with direct ownership of the shares.

At what price did the Pixelworks (PXLW) CEO sell shares?

Todd Debonis sold 12,274 Pixelworks Common Stock shares at an average price of $5.9752 per share. This price reflects the transaction value disclosed for the May 21, 2026 open-market sale reported as a non-derivative transaction in the filing.

How many Pixelworks (PXLW) shares does the CEO hold after the sale?

After the reported sale, President and CEO Todd Debonis directly holds 214,309 shares of Pixelworks Common Stock. This post-transaction holding figure comes from the filing’s ownership table, which shows total shares following the May 21, 2026 sale transaction.

Why were the Pixelworks (PXLW) CEO’s shares sold on May 21, 2026?

A footnote explains that the shares sold on May 21, 2026 were used to cover the tax obligation arising from restricted stock units released on May 18, 2026. This indicates the sale was tied to tax liabilities from equity compensation vesting.

Was the Pixelworks (PXLW) CEO’s transaction in derivative securities?

No, the reported transaction involves non-derivative Common Stock. The filing shows one transaction coded as an open-market sale of Common Stock with no derivative securities exercised or converted and an empty derivative summary section for this reporting period.

Is the Pixelworks (PXLW) CEO’s sale a buy or sell transaction signal?

The filing classifies the transaction as a sell, specifically an open-market sale of Common Stock. However, the accompanying footnote clarifies that the sale’s purpose was to cover tax obligations from recently released restricted stock units, framing it as a tax-related event.