POWI director Balakrishnan logs stock grant and tax-cover sales via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Power Integrations, Inc. director Balu Balakrishnan reported equity compensation and related tax sales through a trust. On February 6, 2026, a trust associated with him acquired 12,288 shares of common stock at $0.0 from the vesting of a Performance Stock Unit after 2025 performance conditions were met. On February 9, 2026, the trust automatically sold 6,368 shares at $46.5298 to cover tax liabilities from that Performance Stock Unit vesting, and on February 10, 2026, it automatically sold 4,995 shares at $47.1976 to cover tax liabilities from a Restricted Stock Award vesting. After these transactions, the trust held 576,256 common shares indirectly for the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,363 shares ($532,054)
Net Sell
3 txns
Insider
BALAKRISHNAN BALU
Role
Director
Sold
11,363 shs ($532K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,995 | $47.1976 | $236K |
| Sale | Common Stock | 6,368 | $46.5298 | $296K |
| Grant/Award | Common Stock | 12,288 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 576,256 shares (Indirect, by Trust)
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 transactions did POWI director Balu Balakrishnan report?
He reported one stock acquisition and two sales through a trust. A Performance Stock Unit vested for 12,288 shares, followed by automatic sales of 6,368 and 4,995 shares to cover tax liabilities tied to equity vesting.
At what prices were the February 2026 POWI tax-cover sales executed?
The 6,368-share sale on February 9, 2026 executed at $46.5298 per share, and the 4,995-share sale on February 10, 2026 executed at $47.1976 per share, both described as automatic sales to cover tax liabilities from equity vesting.