Pixelworks (PXLW) director granted 8,000 restricted stock units

Q: How do the new restricted stock units for PXLW vest over time?

The restricted stock units vest in quarterly installments. Pixelworks disclosed that the units will vest 25% at the end of each three-month period following the grant date, resulting in four equal vesting events tied to continued service on the board.

Q: Was the Pixelworks (PXLW) insider transaction an open-market purchase or a grant?

The transaction was a grant, not an open-market purchase. The Form 4 classifies it as a “Grant, award, or other acquisition” with a transaction price of $0.00 per share, indicating equity compensation rather than a cash-funded stock purchase.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Darrow Douglas Jason reported acquisition or exercise transactions in this Form 4 filing.

PIXELWORKS, INC director Douglas Jason Darrow received a grant of 8,000 shares of Common Stock as restricted stock units. The award was recorded at a price of $0.00 per share as equity compensation, not an open-market purchase. Following this grant, his direct holdings increased to 12,000 shares. According to the terms, these restricted stock units will vest in 25% increments at the end of each three-month period after the grant date, spreading the benefit of the award over time and encouraging continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Darrow Douglas Jason

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	8,000	$0.00	--

Holdings After Transaction: Common Stock — 12,000 shares (Direct, null)

Footnotes (1)

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Key Figures

RSUs granted: 8,000 shares Total direct holdings after grant: 12,000 shares Vesting tranche size: 25% +1 more

4 metrics

RSUs granted 8,000 shares Restricted stock units of Common Stock granted on May 20, 2026

Total direct holdings after grant 12,000 shares Shares of Pixelworks Common Stock held directly after transaction

Vesting tranche size 25% Portion of restricted stock units vesting at end of each three-month period

Transaction price per share $0.00 per share Equity award recorded with no cash purchase price

Key Terms

restricted stock units, Grant, award, or other acquisition, Common Stock, director

4 terms

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 code description is listed as Grant, award, or other acquisition"

Common Stock financial

"The reported security title for this transaction is 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.

director financial

"Douglas Jason Darrow is identified in the filing as a director"

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 04:05 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^*

Darrow Douglas Jason

(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)
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	05/20/2026		A		8,000	A	⁽¹⁾	12,000	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 restricted stock units will vest 25% at the end of each three-month period following the grant date.

	Douglas J. Darrow	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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Pixelworks (PXLW) report for Douglas Jason Darrow?

Pixelworks reported an equity award to director Douglas Jason Darrow. He received 8,000 restricted stock units of Common Stock as a grant, recorded at $0.00 per share. This raised his direct holdings to 12,000 shares after the transaction.

How many Pixelworks (PXLW) shares does Douglas Jason Darrow hold after this grant?

After the grant, Douglas Jason Darrow holds 12,000 shares directly. The Form 4 shows he was awarded 8,000 restricted stock units, increasing his ownership from 4,000 to 12,000 shares of Pixelworks Common Stock as a result of this compensation grant.

How do the new restricted stock units for PXLW vest over time?

The restricted stock units vest in quarterly installments. Pixelworks disclosed that the units will vest 25% at the end of each three-month period following the grant date, resulting in four equal vesting events tied to continued service on the board.

Was the Pixelworks (PXLW) insider transaction an open-market purchase or a grant?

The transaction was a grant, not an open-market purchase. The Form 4 classifies it as a “Grant, award, or other acquisition” with a transaction price of $0.00 per share, indicating equity compensation rather than a cash-funded stock purchase.

What role does Douglas Jason Darrow hold at Pixelworks (PXLW) in this filing?

Douglas Jason Darrow is identified as a director of Pixelworks. The Form 4 flags him as a director and not as an officer or ten percent owner, so this award reflects board-level equity compensation rather than executive or controlling-shareholder activity.