Power Integrations (POWI) Form 144 Reports Insider Disposition and Recent Sales
Rhea-AI Filing Summary
Power Integrations (POWI) filed a Form 144 reporting a proposed sale of 14,998 common shares through Morgan Stanley Smith Barney, with an aggregate market value of $710,585.74 and an approximate sale date of 08/22/2025 on NASDAQ. The filing lists the securities as previously acquired mainly through compensation arrangements (restricted stock vesting and performance stock units) between 02/02/2024 and 04/01/2025. The notice identifies prior dispositions by the same seller, Douglas Bailey, totaling 33,978 shares sold on 08/14/2025 and 08/18/2025, generating gross proceeds of approximately $1.58 million. The filer certifies there is no undisclosed material adverse information and follows the Form 144 attestation requirements.
Positive
- Clear disclosure of proposed sale details including broker, share count, market value, and exchange
- Acquisition sources specified (restricted stock vesting and performance stock units) linking sales to compensation
- Prior sales disclosed with dates and gross proceeds, supporting transparency
Negative
- Proposed insider sale of 14,998 shares (~$710,585.74) may be viewed negatively by some investors
- Recent insider dispositions total 33,978 shares with gross proceeds of approximately $1,584,487.58, indicating notable insider liquidity
Insights
TL;DR: Insider intends to sell 14,998 shares (~$710.6K); recent insider disposals totaled 33,978 shares (~$1.58M), a notable but not unusual executive liquidity event.
The filing details a proposed sale executed through a major broker and discloses that the underlying shares were acquired primarily via compensation (restricted stock and PSUs) over 2024–2025. From a trading-impact perspective, a 14,998-share notice represents a small fraction of the reported 56,095,582 outstanding shares, suggesting limited dilution or direct market impact on float. The disclosure of prior sales and aggregate proceeds enhances transparency and allows investors to quantify recent insider liquidity.
TL;DR: The Form 144 is procedurally complete, showing compliance with Rule 144 and attestation on material information; prior clustered sales merit monitoring.
The document appropriately identifies the broker, sale timing, and acquisition sources (compensation vesting and PSUs), which aligns with expected SEC disclosure practices for insider sales. The clustered pattern of sales in mid‑August 2025 and the current proposed sale may reflect scheduled liquidity from vested awards rather than ad hoc transfers; the filer’s attestation asserts no undisclosed material adverse facts. For governance review, this filing provides the necessary traceability between grant dates and dispositions.