Rao Meera 4

What Happened
Meera Rao, a director of Impinj, had 3,114 restricted stock units (RSUs) vest on May 28, 2026. Those RSUs converted into 3,114 shares (reported as an exercise/conversion, code M) and the same 3,114 shares were immediately reported as disposed (derivative disposition). In addition, the filing shows an award/acquisition (code A) of 1,896 RSUs (no cash paid, $0.00).

Key Details

• Transaction date: May 28, 2026; Form 4 filed May 29, 2026 (timely filing).
• 3,114 RSUs vested (conversion/exercise reported at $0.00); 3,114 shares were immediately disposed (reported as derivative).
• 1,896 RSUs reported as granted/held at $0.00; these RSUs are noted to fully vest on May 28, 2027.
• Footnotes: F1 — each RSU represents a contingent right to one share; F2 — the 3,114 RSUs were granted June 5, 2025 and vested May 28, 2026; F3 — the 1,896 RSUs vest May 28, 2027.
• Shares owned after the transactions are not specified in the provided excerpt.
• No cash proceeds or purchase price reported (all transactions shown at $0.00).

Context

• These transactions reflect RSU vesting and conversion rather than an open-market buy or sell of previously owned shares. The conversion plus immediate disposition of shares is commonly seen when vested units are converted and some or all resulting shares are used to satisfy tax withholding or other obligations; the filing reports the conversion and the derivative disposition but does not state the reason.
• This is routine insider compensation activity for executives/directors and is not by itself a directional market signal.