Butler Dean Warren 4

What Happened

• Butler Dean Warren, a director of Pixelworks, received an award of 8,000 restricted stock units (RSUs) on 2026-05-20 (transaction code A — Award/Grant). The filing lists the acquisition amount but does not report a per-share price or total dollar value (marked N/A).

Key Details

• Transaction date: 2026-05-20; Form 4 filed: 2026-05-22 (timely filing).
• Shares/units granted: 8,000 RSUs. Price/value: N/A in the filing.
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnotes / vesting terms:
  • F1: These RSUs vest 25% at the end of each three-month period following the grant date.
  • F2: An alternate/related grant vests 25% on the first anniversary, then the remaining 75% vests ratably monthly over the following three years.
• Transaction code meaning: A = Award/Grant (compensation), not a market buy or sell.

Context

• RSU grants are a common form of compensation for executives and directors; they do not represent an immediate purchase or sale and only convert to shares as they vest.
• Because no price/value is reported, investors can estimate economic value using PXLW’s current market price multiplied by 8,000 shares if desired, but the filing itself gives no dollar figure.