Power Integrations (POWI) corrects RSU grant; VP now holds 28,644 shares
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
POWER INTEGRATIONS INC vice president of worldwide sales, Gagan Jain, reported an amended insider transaction reflecting a corrected equity award. On January 27, 2026, he acquired 11,432 shares of common stock as a grant at $0.00 per share, increasing his direct holdings to 28,644 shares. A footnote states this amendment fixes an earlier administrative error that had overstated the number of restricted stock units originally reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jain Gagan
Role
VP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,432 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 28,644 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 11,432 shares
Grant price: $0.00 per share
Shares held after grant: 28,644 shares
+1 more
4 metrics
Shares granted
11,432 shares
Grant of common stock on January 27, 2026
Grant price
$0.00 per share
Equity award, not open-market purchase
Shares held after grant
28,644 shares
Total direct holdings following the transaction
Transaction date
January 27, 2026
Effective date of the equity award
Key Terms
restricted stock units, Grant, award, or other acquisition, administrative error
3 terms
restricted stock units financial
"overstated the number of restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
administrative error other
"This amendment corrects an administrative error that overstated"
FAQ
What insider transaction did POWER INTEGRATIONS (POWI) report for Gagan Jain?
POWER INTEGRATIONS reported that VP of Worldwide Sales Gagan Jain received a grant of 11,432 shares of common stock. The award was recorded at $0.00 per share as compensation, not a market purchase, and is reflected as a direct holding.
Why is this POWER INTEGRATIONS (POWI) Form 4/A an amendment?
This Form 4/A is an amendment because it corrects an earlier administrative error that overstated the number of restricted stock units granted to Gagan Jain. The updated filing revises the reported award to the accurate share amount disclosed in this report.
Was the POWI insider transaction a market buy or a compensation grant?
The POWI insider transaction was a compensation grant, not a market buy. The filing labels the code as a grant, award, or other acquisition with a price of $0.00 per share, indicating shares were issued as part of equity compensation rather than purchased in the open market.