Power Integrations (POWI) VP Gagan Jain reports stock award and tax-cover sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Power Integrations VP Gagan Jain reported routine equity transactions in company stock. On 01/27/2026, he acquired 16,332 shares of common stock at $0.0, likely from a vesting equity award, bringing his holdings to 33,544 shares. On 01/29/2026, 995 shares were automatically sold at $46.5001 per share to cover tax liabilities tied to a Restricted Stock Award vesting, leaving him with 32,549 directly held shares of Power Integrations common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 995 shares ($46,268)
Net Sell
2 txns
Insider
Jain Gagan
Role
VP, Worldwide Sales
Sold
995 shs ($46K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 995 | $46.5001 | $46K |
| Grant/Award | Common Stock | 16,332 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,549 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did POWI VP Gagan Jain report on this Form 4?
Gagan Jain reported acquiring 16,332 shares of Power Integrations common stock on January 27, 2026 at $0.0 per share, then an automatic sale of 995 shares on January 29, 2026 at $46.5001 per share, primarily related to restricted stock award vesting.
Was the POWI insider sale by Gagan Jain a discretionary sale?
The filing states the 995-share transaction represents an automatic sale to cover tax liability from a Restricted Stock Award vesting. This indicates the sale was driven by tax withholding requirements rather than a discretionary open-market decision to reduce ownership.
What role does Gagan Jain hold at Power Integrations (POWI)?
Gagan Jain is identified as an officer of Power Integrations, serving as VP, Worldwide Sales. His status as a corporate officer requires reporting changes in his beneficial ownership of company stock on Form 4 under Section 16(a) of the Exchange Act.
Did the Form 4 report any POWI derivative securities for Gagan Jain?
The Form 4 includes a table for derivative securities but shows no derivative transactions reported for this period. The disclosed activity relates only to non-derivative common stock tied to restricted stock award vesting and the related tax-cover sale.