Impinj Inc (PI): director Valdez Arthur L Jr exercised 1,220 shares

What happened

• Valdez Arthur L Jr, a director, exercised/converted a derivative that resulted in the acquisition of 1,220 shares at $0.00 and a simultaneous disposition of 1,220 shares at $0.00, according to the Form 4 filed Oct 21, 2026.

Key details

• Transaction date: Oct 20, 2026. Transaction code: M (exercise/conversion).
• Acquired 1,220 shares at $0.00; disposed 1,220 shares at $0.00. Total reported value: $0.
• Shares owned after the transaction: not specified in the filing.
• Footnotes in the filing:
  • F1: Each RSU represents a contingent right to receive one share of Impinj common stock.
  • F2: Reporting person was granted 1,220 RSUs on Oct 20, 2025; these RSUs fully vested on Oct 20, 2026.
• Form 4 filed on Oct 21, 2026.

Why it may matter

• The filing shows the RSUs vested and were converted to 1,220 shares, and the same number of shares were disposed on the same date (sale at settlement).
• A filing does not show why the insider traded or why the company acted.