Power Integrations (POWI) VP logs PSU vesting and small share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Power Integrations VP of Worldwide Sales Gagan Jain reported two stock transactions. On February 6, 2026, Jain acquired 2,534 shares of common stock at $0.0 per share from a Performance Stock Unit that vested after 2025 performance conditions were met. On February 9, 2026, Jain automatically sold 938 shares at $46.5697 per share to cover tax liabilities from that vesting. After these transactions, Jain directly owned 34,250 shares of Power Integrations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jain Gagan
Role
VP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 938 | $46.5697 | $44K |
| Grant/Award | Common Stock | 2,534 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,250 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.
FAQ
What insider transactions did POWI executive Gagan Jain report on this Form 4?
Gagan Jain reported two transactions in Power Integrations common stock. A Performance Stock Unit vested for 2,534 shares at $0.0 per share, and 938 shares were automatically sold at $46.5697 per share to cover related tax liabilities.
What is Gagan Jain’s role at Power Integrations (POWI) according to this filing?
According to the filing, Gagan Jain is an officer of Power Integrations, serving as VP, Worldwide Sales. The Form 4 indicates he is not a director and not a 10% owner, and the transactions involve his directly owned common stock.