Chris Diorio, Ph.D., CEO of Impinj, Inc. (PI), has demonstrated a clear selling bias in his recent insider transactions, with no open-market purchases reported in the latest filings. Since September 2025, Diorio has executed multiple sales of PI stock, including five transactions on September 16, 2025, totaling approximately $798,515 in aggregate value. The largest single sale occurred on February 20, 2026, when he disposed of shares worth $951,085, followed by a $224,395 transaction on March 23, 2026. These disposals align with his broader trading pattern—SEC filings show $9.3 million in total sell value versus $2.3 million in buys across 59 reported transactions, all involving Impinj.
Notably, Diorio’s recent activity includes both open-market sales (coded "S") and dispositions tied to derivative transactions, such as the exercise of options (coded "M") and gifts (coded "G"). For example, on September 18, 2025, he reported option-related transactions valued at $1.58 million and $157,606, though these did not reflect open-market sales. The absence of recent buys and the concentration of sales in 2025–2026 suggest a continued reduction in his PI holdings during this period. All transactions were disclosed in compliance with SEC regulations, with no purchases offsetting the disposals.
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