DEBONIS TODD 4

What Happened

• Todd Debonis, President, CEO and Director of Pixelworks (PXLW), sold 12,274 shares in an open-market/secondary sale on May 21, 2026.
• The shares were disposed at $5.98 per share for total proceeds of approximately $73,340. This was a sale (routine disposition), not a purchase.

Key Details

• Transaction date and price: 2026-05-21, 12,274 shares at $5.98 each.
• Total proceeds: about $73,340.
• Shares owned after the transaction: not specified in the filing.
• Footnote: The sale covered the tax obligation from restricted stock units released on May 18, 2026 (tax withholding).
• Filing timeliness: Reported on 2026-05-22 (the day after the transaction), so the Form 4 appears timely.

Context

• The footnote indicates this was a tax-withholding sale tied to RSU vesting, a common executive practice and typically considered routine rather than an express market-confidence signal.