Power Integrations (POWI) VP logs stock grant and tax-related sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Power Integrations VP of Operations Sunil Gupta reported equity transactions involving company common stock. On February 6, 2026, he acquired 3,840 shares at $0.0 per share from a Performance Stock Unit that vested after 2025 performance conditions were met, bringing his holdings to 99,606 shares directly owned.
On February 9, 2026, he sold 1,401 shares at $46.5696 per share, and on February 10, 2026 he sold 1,272 shares at $45.97 per share. The filing states both sales were automatic transactions to cover tax liabilities from vesting of stock awards. After these sales, Gupta directly owned 96,933 shares of Power Integrations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,673 shares ($123,718)
Net Sell
3 txns
Insider
Gupta Sunil
Role
VP of Operations
Sold
2,673 shs ($124K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,272 | $45.97 | $58K |
| Sale | Common Stock | 1,401 | $46.5696 | $65K |
| Grant/Award | Common Stock | 3,840 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 96,933 shares (Direct)
Footnotes (1)
- The reporting person was granted a Performance Stock Unit. The Performance Stock Unit vests based on Power Integrations satisfaction of certain performance conditions. The performance conditions for 2025 were met. Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Performance Stock Unit. Represents the automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award.
FAQ
What insider activity did Power Integrations (POWI) report for Sunil Gupta?
Power Integrations reported VP of Operations Sunil Gupta acquiring 3,840 common shares from a vested Performance Stock Unit, then selling 1,401 shares and 1,272 shares in separate transactions to cover tax liabilities tied to stock award vesting.
What role does Sunil Gupta hold at Power Integrations (POWI)?
Sunil Gupta is identified as an officer of Power Integrations with the title Vice President of Operations. The Form 4 indicates he is not a director and not a 10% owner, and the reported holdings are listed as directly owned common stock.