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Power Integrations (POWI) discloses resignation of SVP Operations Sunil Gupta

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Power Integrations, Inc. reported that Sunil Gupta, Senior Vice President, Operations, has notified the company of his intention to resign from his role, effective August 25, 2026. The company states that his resignation is not due to any disagreement regarding operations, policies, or practices.

The report is signed on behalf of Power Integrations by Andrew S. Hughes, Senior Vice President, General Counsel & Corporate Secretary. The company’s common stock, par value $0.001 per share, trades on the Nasdaq Global Select Market under the symbol POWI.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Resignation effective date August 25, 2026 Effective date of Sunil Gupta’s resignation as Senior Vice President, Operations
Notice of intent to resign date August 11, 2026 Date Sunil Gupta notified the company of his intent to resign
Common stock par value $0.001 per share Par value of Power Integrations common stock listed on Nasdaq Global Select Market
Corporate telephone number (408) 414-9200 Registrant’s telephone number for Power Integrations’ principal executive offices
par value financial
"Common Stock, $0.001 Par Value"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
Nasdaq Global Select Market financial
"POWI | | The Nasdaq Global Select Market"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
Senior Vice President, Operations financial
"Sunil Gupta, our Senior Vice President, Operations, notified us"
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What executive change did Power Integrations (POWI) disclose on August 11, 2026?

Power Integrations disclosed that Sunil Gupta, its Senior Vice President, Operations, intends to resign effective August 25, 2026. The company indicated his resignation is not due to any disagreement over operations, policies, or practices.

When will Sunil Gupta’s resignation from Power Integrations (POWI) become effective?

Sunil Gupta’s resignation as Senior Vice President, Operations at Power Integrations becomes effective on August 25, 2026. He provided notice of his intent to resign on August 11, 2026, according to the company’s disclosure.

Who signed the August 2026 executive change report for Power Integrations (POWI)?

The report was signed for Power Integrations by Andrew S. Hughes, Senior Vice President, General Counsel & Corporate Secretary. The signature is dated August 14, 2026, on behalf of the registrant.

On which market is Power Integrations (POWI) common stock listed?

Power Integrations’ common stock, with a par value of $0.001 per share, is listed on The Nasdaq Global Select Market under the trading symbol POWI, as indicated in the company’s disclosure.

What is the effective date of the Power Integrations (POWI) 8-K reporting Sunil Gupta’s resignation?

The 8-K reports that Sunil Gupta notified Power Integrations of his intent to resign on August 11, 2026, with the resignation effective August 25, 2026. The report itself is dated August 14, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 11, 2026

 

 

 

Power Integrations, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-23441   94-3065014
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)

 

5245 Hellyer Avenue, San Jose, California   95138-1002
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (408) 414-9200

 

 

 

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.001 Par Value   POWI   The Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 11, 2026, Sunil Gupta, our Senior Vice President, Operations, notified us of his intent to resign from his employment at Power Integrations, Inc. (the “Company”), effective August 25, 2026. Mr. Gupta’s resignation did not result from any disagreement with the Company concerning any matter relating to the Company’s operations, policies, or practices.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Power Integrations, Inc.
     
Dated: August 14, 2026 By:  /s/ Andrew S. Hughes
    Andrew S. Hughes
    Senior Vice President, General Counsel & Corporate Secretary

 

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Filing Exhibits & Attachments

3 documents