Baker Cary 4

What Happened Cary Baker, Chief Financial Officer of Impinj (PI), received 8,508 shares when performance-restricted stock units (PSUs) vested. Of those shares, 2,234 were remitted to the company to satisfy tax withholding obligations at an effective price of $127.92 per share, totaling about $285,773. The award shares show an acquisition at $0.00 (award vesting) and the remitted shares are recorded as a disposition for tax withholding.

Key Details

• Transaction dates: Vesting determination by the board on 2026-02-18; transactions reported with a Period of Report date 2026-02-20 and filed on 2026-02-23 (timely filing).
• Transaction codes: A = Award/Grant (8,508 shares @ $0.00 acquired); F = Tax withholding (2,234 shares disposed @ $127.92, $285,773).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: PSUs were granted on March 23, 2023 and vested based on corporate performance determined Feb 18, 2026 (F1). The 2,234-share disposition was an exempt transfer to the issuer under Rule 16b-3(e) to satisfy tax withholding (F2).
• Filing timeliness: Filed Feb 23, 2026 for a Feb 20, 2026 report date — within the standard Form 4 reporting window.

Context This was a performance-based vesting event (award) with a routine share-remit for tax withholding. The award itself is an acquisition (no purchase price), while the remitted shares are a common, administrative disposition to cover taxes and do not necessarily indicate buy/sell sentiment.