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Pixelworks (PXLW) CEO granted 50,000 RSUs vesting over six quarters

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(Neutral)
Form Type
4

Rhea-AI Filing Summary

DEBONIS TODD reported acquisition or exercise transactions in this Form 4 filing.

PIXELWORKS, INC President and CEO Todd Debonis reported a grant of 50,000 restricted stock units of common stock on July 1, 2026. Each unit represents a right to one share and vests in equal installments quarterly over six quarters, from August 15, 2026 through November 15, 2027. After this award, Debonis directly holds 264,309 shares of common stock.

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Insider DEBONIS TODD
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock F1 50,000 -- --
Holdings After Transaction: Common Stock — 264,309 shares (Direct)
Footnotes (1)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest in equal installments quarterly over six quarters, beginning on August 15, 2026 and ending on November 15, 2027.
RSU grant 50,000 shares Restricted stock units of common stock granted on July 1, 2026
Holdings after transaction 264,309 shares Directly owned common shares following the July 1, 2026 award
Vesting period start August 15, 2026 First quarterly vesting date for the restricted stock units
Vesting period end November 15, 2027 Final quarterly vesting date after six quarters
Number of vesting quarters six quarters Equal quarterly vesting installments over six quarters
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
contingent right financial
"represents a contingent right to receive one share of the registrant's common stock"
vest financial
"The restricted stock units will vest in equal installments quarterly over six quarters"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
President and CEO financial
"DEBONIS TODD ... officer_title: "President and CEO""

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

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FAQ

What equity award did PIXELWORKS (PXLW) CEO Todd Debonis receive on July 1, 2026?

Todd Debonis received a grant of 50,000 restricted stock units of Pixelworks common stock on July 1, 2026. Each restricted stock unit represents a contingent right to receive one share of the company’s common stock, subject to the stated vesting schedule.

How do the new restricted stock units for PIXELWORKS (PXLW) CEO vest?

The 50,000 restricted stock units vest in equal installments quarterly over six quarters. Vesting begins on August 15, 2026 and continues through November 15, 2027, with a portion of the award becoming deliverable at each quarterly vesting date.

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

Following the July 1, 2026 award, Todd Debonis directly owns 264,309 shares of Pixelworks common stock. This total reflects his holdings after recording the new restricted stock unit grant reported in the insider transaction filing.

Is the July 1, 2026 equity grant to PIXELWORKS (PXLW) CEO under a Rule 10b5-1 plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote describes a trading plan. The reported grant therefore is not identified in the disclosure as being made pursuant to a Rule 10b5-1 trading arrangement.

What type of ownership does Todd Debonis report for his PIXELWORKS (PXLW) shares?

Todd Debonis reports direct ownership of his Pixelworks common stock after the transaction. The filing classifies his post-transaction position of 264,309 shares as directly held, with no indication of indirect holdings through separate entities or accounts.

What does each restricted stock unit in the PIXELWORKS (PXLW) CEO grant represent?

Each restricted stock unit in the grant represents a contingent right to receive one share of Pixelworks common stock. Actual share delivery depends on satisfying the vesting schedule, which runs in equal quarterly installments over six quarters.
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)
07/01/2026
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 Stock07/01/2026A50,000A(1)264,309D
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. Each restricted stock unit represents a contingent right to receive one share of the registrant's common stock. The restricted stock units will vest in equal installments quarterly over six quarters, beginning on August 15, 2026 and ending on November 15, 2027.
Todd DeBonis07/22/2026
** 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)