Pixelworks (PXLW) director receives 8,000-share equity grant and holds options

Rhea-AI Filing Summary

PIXELWORKS, INC director Dean Warren Butler reported an equity grant and updated holdings in company stock. He received 8,000 shares of Common Stock as a grant or award at a stated price of $0.00 per share, increasing his direct ownership to 33,949 shares of Common Stock.

He also reports a Non-Qualified Stock Option over 4,679 shares of Common Stock with an exercise price of $24.84 per share that expires on May 12, 2028. Footnotes describe restricted stock units that vest in installments over time, indicating these awards are structured to vest gradually rather than all at once.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Butler Dean Warren

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,000	$0.00	--
holding	Non-Qualified Stock Option (right to buy)	--	--	--

Holdings After Transaction: Common Stock — 33,949 shares (Direct, null); Non-Qualified Stock Option (right to buy) — 4,679 shares (Direct, null)

Footnotes (1)

1. The restricted stock units will vest 25% at the end of each three-month period following the grant date. 25% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.

Key Figures

Equity grant: 8,000 shares Post-grant holdings: 33,949 shares Option underlying shares: 4,679 shares +3 more

6 metrics

Equity grant 8,000 shares Common Stock grant or award on May 20, 2026

Post-grant holdings 33,949 shares Total Common Stock directly owned after transaction

Option underlying shares 4,679 shares Non-Qualified Stock Option underlying Common Stock

Option exercise price $24.84/share Exercise price of Non-Qualified Stock Option

Option expiration May 12, 2028 Expiration date of Non-Qualified Stock Option

RSU vesting schedule 25% each three-month period Footnote describing one RSU vesting pattern

Key Terms

Non-Qualified Stock Option (right to buy), restricted stock units, grant, award, or other acquisition

3 terms

Non-Qualified Stock Option (right to buy) financial

"Non-Qualified Stock Option (right to buy) over 4,679 shares of Common Stock"

restricted stock units financial

"The restricted stock units will vest 25% at the end of each three-month period"

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.

grant, award, or other acquisition financial

"transaction coded as A with description Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

Butler Dean Warren

(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
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/20/2026		A		8,000	A	(1)	33,949	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
Non-Qualified Stock Option (right to buy)	$24.84							(2)	05/12/2028	Common Stock	4,679		4,679	D

Explanation of Responses:

1. The restricted stock units will vest 25% at the end of each three-month period following the grant date.

2. 25% vest on the first anniversary of the date of grant, with the remaining 75% vesting ratably on a monthly basis thereafter over three years.

	Dean W. Butler	05/20/2026
	** 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)

FAQ

What insider transaction did Butler Dean Warren report for PXLW?

Butler Dean Warren reported receiving 8,000 shares of Pixelworks Common Stock as a grant or award at a stated price of $0.00 per share, updating his Form 4 direct ownership and equity position in the company.

How many Pixelworks (PXLW) shares does Butler Dean Warren now hold?

After the reported grant, Butler Dean Warren directly holds 33,949 shares of Pixelworks Common Stock. This figure reflects his post-transaction ownership as disclosed in the Form 4 filing for the grant dated May 20, 2026.

What are the key terms of Butler Dean Warren’s Pixelworks stock option?

He holds a Non-Qualified Stock Option over 4,679 shares of Pixelworks Common Stock, with an exercise price of $24.84 per share and an expiration date of May 12, 2028, as shown in the derivative holdings section.

Is the recent Pixelworks (PXLW) Form 4 an open-market purchase or a grant?

The Form 4 describes a grant or award acquisition of 8,000 shares coded as an “A” transaction, with a transaction price of $0.00, indicating a compensation-related award rather than an open-market share purchase.

How do the restricted stock units for Pixelworks vest for this insider?

Footnotes state restricted stock units vest either 25% at the end of each three-month period after grant, or 25% on the first anniversary with the remaining 75% vesting monthly over three years, indicating a staged vesting structure.