Sanghi Steve 4

What Happened

• Steve Sanghi, a director of Impinj Inc., had 3,425 restricted stock units (RSUs) convert/exercise into shares on May 28, 2026 (reported as acquisition at $0), and the filing also reports a simultaneous disposition of 3,425 derivative shares at $0. On the same date he was granted 2,085 new RSUs (award at $0) that will vest in the future.
• All reported transactions show a $0 per-share price (typical for RSU vesting/conversion), so no cash purchase or sale proceeds are reported in this filing.

Key Details

• Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely filing).
• Reported items/codes: M = exercise/conversion of derivative security (3,425 acquired; 3,425 disposed), A = grant/award (2,085 RSUs acquired).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Each RSU represents a contingent right to receive one share of Impinj common stock.
  • F2: The 3,425 RSUs were originally granted June 5, 2025 and fully vested May 28, 2026.
  • F3: The newly reported 2,085 RSUs will fully vest on May 28, 2027.

Context

• These entries reflect RSU vesting/settlement and a new RSU grant rather than an open-market purchase or sale; RSU vesting is a routine form of compensation and does not by itself indicate a buy or sell signal.
• The simultaneous acquisition and disposition of 3,425 derivative units (both at $0) is consistent with RSU settlement mechanics shown on Form 4 filings; no cashless sale proceeds or cash payments are reported in this excerpt.