Balu Balakrishnan plans POWI (NASDAQ: POWI) Rule 144 stock sale
Filing Impact
Filing Sentiment
Form Type
144/A
Rhea-AI Filing Summary
POWI insider Balu Balakrishnan has filed a Rule 144/A notice to sell 6,368 shares of common stock. The shares were acquired on 02/06/2026 through restricted stock vesting under a registered compensation plan and are planned to be sold on or about 02/09/2026 via Morgan Stanley Smith Barney LLC on the NASDAQ market.
The filing also lists recent sales over the prior three months, including transactions of 10,080, 3,000, and 2,581 shares of common stock with disclosed gross proceeds for each sale. The signer represents they are unaware of any undisclosed material adverse information about the issuer.
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FAQ
What does POWI's Form 144/A filing by Balu Balakrishnan disclose?
The Form 144/A shows that Balu Balakrishnan plans to sell 6,368 POWI common shares under Rule 144. The filing details acquisition through restricted stock vesting, the planned sale through Morgan Stanley, and confirms no undisclosed material adverse information about the issuer’s operations.
What recent POWI stock sales by Balu Balakrishnan are listed in the past three months?
The filing lists three recent POWI common stock sales: 10,080 shares on February 3, 2026, 3,000 shares on January 30, 2026, and 2,581 shares on January 29, 2026. Each transaction includes disclosed gross proceeds, demonstrating an ongoing pattern of share sales.