Power Integrations (POWI) director awarded 2,491 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arienzo Wendy reported acquisition or exercise transactions in this Form 4 filing.
POWER INTEGRATIONS INC director Wendy Arienzo received an equity award of 2,491 shares of Common Stock in the form of restricted stock units. The RSUs carry no purchase price and were granted as compensation, not as an open-market share purchase or sale.
According to the terms, these restricted stock units will vest if she continues serving the company until the earlier of one year from the grant date or the day before the next annual meeting of stockholders. Following this award, she directly holds a total of 19,882 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Arienzo Wendy
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,491 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,882 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,491 shares
Price per share: $0.00 per share
Shares held after grant: 19,882 shares
+1 more
4 metrics
RSU grant size
2,491 shares
Restricted stock units of Common Stock awarded to director
Price per share
$0.00 per share
Compensation grant, not an open-market purchase
Shares held after grant
19,882 shares
Director’s direct Common Stock holdings following the award
Vesting period
1 year or earlier date
Vests at earlier of one year from grant or day before next annual meeting
Key Terms
restricted stock units, Common Stock, annual meeting of stockholders
3 terms
restricted stock units financial
"Represents restricted stock units that, subject to the Reporting Person's continued service to the Issuer, will vest..."
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.
Common Stock financial
"security_title: Common Stock, transaction_shares: 2491.0000"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
annual meeting of stockholders financial
"the day before the date of the next annual meeting of stockholders"
FAQ
What did POWER INTEGRATIONS INC (POWI) director Wendy Arienzo report in this Form 4?
Director Wendy Arienzo reported receiving 2,491 restricted stock units of POWER INTEGRATIONS INC Common Stock as a compensation grant at no purchase price. These units increase her direct holdings and are tied to future vesting conditions based on continued service.
What are the vesting terms of Wendy Arienzo’s 2,491 restricted stock units at POWER INTEGRATIONS INC?
The 2,491 restricted stock units vest if Wendy Arienzo continues serving POWER INTEGRATIONS INC until the earlier of one year from the grant date or the day before the next annual stockholder meeting. Vesting depends entirely on her continued service to the company.
Was Wendy Arienzo’s POWER INTEGRATIONS INC RSU grant an open-market stock purchase?
No, the RSU grant was not an open-market stock purchase. The 2,491 restricted stock units were awarded at a price of $0.00 per share as compensation, meaning she did not buy shares in the market but received an equity-based award from the company.
Does this POWER INTEGRATIONS INC Form 4 show any stock sales by Wendy Arienzo?
This Form 4 does not report any stock sales by Wendy Arienzo. It only shows a grant of 2,491 restricted stock units and her resulting direct holdings of 19,882 shares following the grant, with vesting subject to continued service conditions.