Insider files to sell 2,036 POWI shares valued $93,758.80 on NASDAQ
Rhea-AI Filing Summary
Power Integrations (POWI) has a Form 144 notice reporting a proposed sale of 2,036 common shares with an aggregate market value of $93,758.80. The sale is listed as approximately 08/12/2025 on NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing shows 56,095,582 shares outstanding for the issuer, and states there were no securities sold by the seller in the past three months.
The filing details how the shares were acquired: restricted stock grants (194, 213, 665 shares on 11/01/2024, 02/01/2025, 04/01/2025 respectively), performance shares (574 on 12/31/2024), and purchases under the employee stock purchase plan (183 on 01/31/2025 and 207 on 07/31/2025, paid in cash). The filer affirms they have no undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider sale notice for 2,036 POWI shares; size and acquisition mix suggest limited market impact.
The Form 144 reports a proposed sale of 2,036 common shares valued at $93,758.80 to be executed on NASDAQ via Morgan Stanley. The filing documents that the shares were acquired through company compensation programs: restricted stock, performance shares and ESPP purchases, with payment noted as cash where applicable. The notice also states no sales in the prior three months and includes a standard representation that the seller is unaware of undisclosed material adverse information. Overall, this appears to be a procedural insider sale filing rather than a sign of event-driven liquidity or distress.
TL;DR: Disclosure aligns with required insider reporting; acquisitions through compensation plans are documented and standard.
The filing provides the necessary details under Rule 144: class, broker, number of shares, aggregate market value, outstanding shares, approximate sale date, and acquisition history. Acquisition types are explicitly listed (restricted stock, performance shares, ESPP) with dates and quantities, and the filer signs the statutory attestation about material information. From a governance perspective, the notice fulfills disclosure obligations and there is no indication in the filing of unusual or noncompliant behavior.