Director Ravi Vig awarded 2,491 restricted shares at Power Integrations (POWI)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
POWER INTEGRATIONS INC director Ravi Vig received a stock-based compensation grant. On July 1, 2026, he was awarded 2,491 shares of Common Stock in the form of restricted stock units at $0.00 per share, reflecting a compensation-related acquisition rather than an open-market trade.
The footnote explains these restricted stock units will vest if he continues serving the company, at the earlier of one year from the grant date or the day before the next annual meeting of stockholders. Following this grant, Vig beneficially owns 9,306 shares of POWER INTEGRATIONS INC common stock directly. This is a routine equity award meant to align director compensation with shareholder interests, not a discretionary purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Vig Ravi
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,491 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,306 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,491 shares
Grant price per share: $0.00 per share
Total shares after grant: 9,306 shares
+2 more
5 metrics
RSU grant size
2,491 shares
Restricted stock units of Common Stock granted on July 1, 2026
Grant price per share
$0.00 per share
Awarded as compensation, not a market purchase
Total shares after grant
9,306 shares
Beneficially owned by Ravi Vig following the transaction
Transaction code
A
Grant, award, or other acquisition of Common Stock
Vesting condition
Earlier of 1 year or pre-annual meeting
Requires continued service to the issuer
Key Terms
restricted stock units, annual meeting of stockholders, beneficially owns, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents restricted stock units that, subject to the Reporting Person's continued service"
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 regulatory
"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"
beneficially owns financial
"total_shares_following_transaction": "9306.0000"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
Grant, award, or other acquisition regulatory
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What did POWER INTEGRATIONS (POWI) director Ravi Vig report on this Form 4?
Ravi Vig reported receiving a grant of 2,491 restricted stock units of POWER INTEGRATIONS INC common stock. The units were awarded at no cash cost as part of equity compensation for his board service, rather than an open-market stock purchase or sale.
What are the vesting terms of Ravi Vig’s restricted stock units in POWER INTEGRATIONS (POWI)?
The restricted stock units will vest if Ravi Vig continues to serve the company, on the earlier of one year from the grant date or the day before the next annual meeting of stockholders. Continued service is required for the shares to fully vest.
Does this POWER INTEGRATIONS (POWI) Form 4 show an insider buying or selling stock in the market?
No, the Form 4 shows a grant of restricted stock units as compensation, not an open-market purchase or sale. The transaction code is “A,” which indicates an award or other acquisition from the company, with no sale of shares reported.