Power Integrations (POWI) SVP gets 22,865-share stock award
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Gupta Sunil reported acquisition or exercise transactions in this Form 4 filing.
POWER INTEGRATIONS INC reported that Sr. Vice President, Operations Sunil Gupta received a grant of 22,865 shares of Common Stock on January 27, 2026. The shares were awarded at $0.00 per share as a stock award, not an open-market purchase. Following this transaction, Gupta directly holds 89,570 shares of Power Integrations common stock. The filing is an amendment that corrects an administrative error which previously overstated the number of restricted stock units granted to him.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gupta Sunil
Role
Sr. Vice President, Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,865 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 89,570 shares (Direct)
Footnotes (1)
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Key Figures
Stock award: 22,865 shares
Award price: $0.00 per share
Post-transaction holdings: 89,570 shares
+2 more
5 metrics
Stock award
22,865 shares
Common Stock grant to Sunil Gupta on January 27, 2026
Award price
$0.00 per share
Grant/award acquisition, non-market transaction
Post-transaction holdings
89,570 shares
Directly owned by Sunil Gupta after the award
Transaction type
Grant, award, or other acquisition (Code A)
Non-derivative Common Stock transaction
Filing type
Form 4/A
Amendment correcting overstated restricted stock units
Key Terms
restricted stock units, Grant, award, or other acquisition, Sr. Vice President, Operations, administrative error
4 terms
restricted stock units financial
"overstated the number of restricted stock units granted to the Reporting Person"
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"
Sr. Vice President, Operations financial
"officer_title": "Sr. Vice President, Operations"
administrative error regulatory
"This amendment corrects an administrative error that overstated the number"
FAQ
What insider transaction did Power Integrations (POWI) report for Sunil Gupta?
Power Integrations reported that Sr. Vice President, Operations Sunil Gupta received a stock award of 22,865 common shares. The grant was recorded at $0.00 per share as compensation, rather than a market purchase, and increased his directly held position in the company.
Why was this Power Integrations (POWI) Form 4/A filing labeled as an amendment?
The filing is labeled as an amendment because it corrects an administrative error in a prior report. The earlier disclosure had overstated the number of restricted stock units granted to Sunil Gupta, and this amendment restates the grant information accurately.
Was Sunil Gupta’s Power Integrations (POWI) stock award an open-market purchase?
No, the transaction was not an open-market purchase. It is coded as a grant or award acquisition, with 22,865 shares received at $0.00 per share, indicating equity compensation rather than buying shares on the market.
What role does Sunil Gupta hold at Power Integrations (POWI)?
Sunil Gupta serves as Sr. Vice President, Operations at Power Integrations. The insider filing identifies him as an officer of the company and attributes the reported stock award and resulting share ownership directly to his position.