POWI: Morgan Stanley Smith Barney files resale notice for vested restricted shares (POWI)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC submitted a Form 144 notice regarding proposed sales of Common Stock for POWI. The filing lists multiple tranches of restricted stock vesting under a registered plan with specific vesting dates and share counts, including 4,866 (02/01/2023) and 11,826 (02/13/2021).

The entries show additional vesting slices on 04/01/2022, 02/02/2021, 02/12/2021, and 02/02/2023 with disclosed share amounts. The filing is a notice of proposed resale by an affiliate rather than an issuer registration.

Insights

Securities Compliance Analyst

Form 144 lists planned affiliate resales of vested restricted shares; does not itself effectuate sales.

The filing records multiple tranches of restricted stock vesting under a registered plan with explicit share counts tied to vesting dates (for example, 4,866 on 02/01/2023 and 11,826 on 02/13/2021). This is a statutory notice required under resale rules.

Because the filing describes intended resale activity, actual cash flow and timing depend on subsequent sale execution; the filing does not state proceeds recipients or sale method. Subsequent Form 4/Form 144 amendments would show completed transactions.

Key Figures

Shares vesting on 02/01/2023: 4,866 shares Shares vesting on 02/13/2021: 11,826 shares Shares vesting on 04/01/2022: 9,360 shares +3 more

6 metrics

Shares vesting on 02/01/2023 4,866 shares Restricted stock vesting under a registered plan

Shares vesting on 02/13/2021 11,826 shares Restricted stock vesting under a registered plan

Shares vesting on 04/01/2022 9,360 shares Restricted stock vesting under a registered plan

Shares vesting on 02/02/2021 10,983 shares Restricted stock vesting under a registered plan

Shares vesting on 02/12/2021 12,057 shares Restricted stock vesting under a registered plan

Shares vesting on 02/02/2023 4,788 shares Restricted stock vesting under a registered plan

Key Terms

restricted stock vesting under a registered plan, Form 144, resale notice

3 terms

restricted stock vesting under a registered plan regulatory

"Restricted stock vesting under a registered plan | Issuer | ..."

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

resale notice regulatory

"144: Securities Sold During The Past 3 Months"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	53880	3810032.60	55719984	05/21/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/01/2023	Restricted stock vesting under a registered plan	Issuer			4866	02/01/2023	Services Rendered
Common	02/13/2021	Restricted stock vesting under a registered plan	Issuer			11826	02/13/2021	Services Rendered
Common	04/01/2022	Restricted stock vesting under a registered plan	Issuer			9360	04/01/2022	Services Rendered
Common	02/02/2021	Restricted stock vesting under a registered plan	Issuer			10983	02/02/2021	Services Rendered
Common	02/12/2021	Restricted stock vesting under a registered plan	Issuer			12057	02/12/2021	Services Rendered
Common	02/02/2023	Restricted stock vesting under a registered plan	Issuer			4788	02/02/2023	Services Rendered

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does POWI's Form 144 filing mean?

It notifies the SEC of proposed resale of vested restricted shares by an affiliate. The filing lists multiple tranches and share counts tied to vesting dates, serving as a statutory resale notice and not evidence of completed sales.

How many shares are listed on the filing for POWI?

The filing lists specific vested tranches: 4,866; 11,826; 9,360; 10,983; 12,057; and 4,788 shares. Each number is paired with a vesting date such as 02/01/2023 and 02/13/2021 in the excerpt.

Who is the selling party in the POWI Form 144?

The filer is Morgan Stanley Smith Barney LLC, Executive Financial Services at New York Plaza. The filing identifies that organization as the affiliate intending to effect resale of vested restricted stock under a registered plan.

Does Form 144 mean the shares were sold?

No; Form 144 is a notice of proposed resale and does not itself complete a sale. Actual sale execution and proceeds recipients are determined when transactions occur and may be reported in subsequent filings.