HENEGHAN DANIEL 4

What Happened Daniel Heneghan, a director of PIXELWORKS, INC. (PXLW), received a grant of 8,000 restricted stock units (RSUs) on May 20, 2026. The award is reported as an acquisition (transaction code A) with no per-share price reported (N/A). The filing reports the grant but does not state a cash value or shares owned after the grant.

Key Details

• Transaction date: 2026-05-20 (Form 4 filed 2026-05-22)
• Transaction type/code: Grant/Award (A)
• Shares/units granted: 8,000 RSUs
• Price/Value reported: N/A (no dollar amount disclosed on Form 4)
• Shares owned after transaction: Not specified on the reported form
• Footnote: F1 — RSUs vest 25% at the end of each three-month period following the grant date (four equal installments over 12 months)
• Timeliness: Filed two days after the grant (appears timely under the two-business-day Form 4 rule)

Context RSUs are a form of compensation that convert to shares as they vest; these were not open-market purchases or sales. Because the units vest over time, they represent a retention/incentive award rather than an immediate buy or sell signal. No sale, exercise, or 10b5-1 plan is indicated in this filing.