Trust of Power Integrations (POWI) director sells 118,573 shares
Rhea-AI Filing Summary
POWER INTEGRATIONS INC director Balu Balakrishnan reported indirect open-market sales of 118,573 shares of Common Stock held by a trust. On May 26, 2026, the trust sold 70,710 shares at an average of $82.2629 per share and 47,863 shares at $80.9264 per share.
Both prices are reported as weighted averages for multiple trades within narrow intraday ranges. After these transactions, the filing shows 474,513 shares of Common Stock held indirectly by the reporting person through the trust.
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Insights
Director’s trust sold 118,573 Power Integrations shares in routine open-market trades.
The filing shows a trust associated with director Balu Balakrishnan executed two open-market sales of POWER INTEGRATIONS INC Common Stock on May 26, 2026. The trust sold 70,710 shares at a weighted average of $82.2629 and 47,863 shares at $80.9264.
These are straightforward open-market sales, not option exercises or tax withholdings, and the filing lists no remaining derivative positions. Following the transactions, the reported indirect holding is 474,513 shares, indicating the director retains a substantial position even after the net selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 47,863 | $80.9264 | $3.87M |
| Sale | Common Stock | 70,710 | $82.2629 | $5.82M |
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at sale prices ranging from $80.52 to $81.25.The Reporting Person undertakes to provide the full information regarding the number of shares sold at each separate price upon further request. The price reported is a weighted average price. These shares were sold in multiple transactions at sale prices ranging from $82.08 to $82.44.The Reporting Person undertakes to provide the full information regarding the number of shares sold at each separate price upon further request.