WASHINGTON MIRON 4
Research Summary
AI-generated summary
Impinj (PI) Director Washington Miron Exercises RSUs, Receives New Award
What Happened Washington Miron, a director of Impinj, had 3,114 restricted stock units (RSUs) that vested on May 28, 2026 and were converted/exercised into common shares (reported as an acquisition of 3,114 shares at $0.00 and a corresponding derivative disposition). On the same date he was also reported as receiving a new grant of 1,896 RSUs (awarded at $0.00). No cash was paid or received in these transactions.
Key Details
- Transaction date: May 28, 2026 (report filed May 29, 2026 — timely).
- Exercise/conversion: 3,114 RSUs converted to shares (reported at $0.00).
- New award: 1,896 RSUs granted (reported at $0.00); these RSUs will fully vest on May 28, 2027 (see footnote F3).
- Footnotes: F1 clarifies each RSU equals a contingent right to one share; F2 confirms the 3,114 RSUs were granted June 5, 2024 and vested May 28, 2026.
- Shares owned after the transaction: not specified in the filing.
Context
- RSU vesting and conversion are administrative (compensation-related) events, not open-market purchases or sales. The "M" code here denotes exercise/conversion of a derivative (RSU) and the reported derivative "disposition" reflects cancellation/settlement of those RSUs upon conversion.
- These transactions do not involve a cash sale or purchase and therefore do not directly signal buying or selling pressure in the market.