Pixelworks director receives 8,000 stock units
Darrow Douglas Jason reported acquisition or exercise transactions in this Form 4 filing.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. The restricted stock units will vest 25% at the end of each three-month period following the grant date.
Key Figures
Key Terms
restricted stock units financial
Grant, award, or other acquisition financial
Common Stock financial
director financial
FAQ
What insider transaction did Pixelworks (PXLW) report for Douglas Jason Darrow?
How do the new restricted stock units for PXLW vest over time?
Was the Pixelworks (PXLW) insider transaction an open-market purchase or a grant?
What role does Douglas Jason Darrow hold at Pixelworks (PXLW) in this filing?
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