Power Integrations (POWI) director receives 2,491-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POWER INTEGRATIONS INC director Gregg A. Lowe reported an equity compensation grant. He acquired 2,491 shares of common stock in the form of restricted stock units at no cash cost, bringing his directly held shares to 6,692 after the transaction. These restricted stock units will vest, subject to his continued service, on the earlier of one year from the grant date or the day before the next annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOWE GREGG A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,491 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,692 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 2,491 shares
Grant price: $0.00 per share
Shares held after grant: 6,692 shares
3 metrics
Restricted stock units granted
2,491 shares
Equity award to director Gregg A. Lowe on July 1, 2026
Grant price
$0.00 per share
Recorded price for restricted stock unit award
Shares held after grant
6,692 shares
Total direct holdings by Gregg A. Lowe following the transaction
Key Terms
restricted stock units, annual meeting of stockholders, continued service
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.
annual meeting of stockholders financial
"...will vest at the earlier of one year from the date of grant or the day before the date of the next annual meeting of stockholders."
continued service financial
"Represents restricted stock units that, subject to the Reporting Person's continued service to the Issuer, will vest..."
FAQ
What insider transaction did POWI director Gregg A. Lowe report on this Form 4?
Director Gregg A. Lowe reported receiving 2,491 shares of POWER INTEGRATIONS INC common stock as a restricted stock unit grant. The award was recorded at a price of $0.00 per share and increased his direct holdings to 6,692 shares following the transaction.
Was Gregg A. Lowe’s POWI stock transaction a market purchase or a grant?
The transaction was a grant of restricted stock units, not an open-market purchase. Lowe acquired 2,491 RSUs at $0.00 per share as equity compensation, which will vest over time subject to his continued service to POWER INTEGRATIONS INC.
What are the vesting terms of Gregg A. Lowe’s new restricted stock units in POWI?
The 2,491 restricted stock units will vest if Gregg A. Lowe continues serving the company until the vesting date. Vesting occurs at the earlier of one year from the grant date or the day before the next annual meeting of stockholders, as detailed in the filing footnote.