Vicor (VICR) director gifts 90,000 shares to Charitable Remainder Unitrust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vicor Corp director Estia J. Eichten reported a bona fide gift of 90,000 shares of Common Stock. The shares were gifted at no stated price to a Charitable Remainder Unitrust. After this disposition, the director holds 98,838 shares of Vicor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
90,000 shares gifted
Mixed
1 txn
Insider
EICHTEN ESTIA J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 90,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 98,838 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 90,000 shares
Price per share: $0.0000/share
Shares held after transaction: 98,838 shares
3 metrics
Gifted shares
90,000 shares
Common Stock gifted as bona fide gift (code G)
Price per share
$0.0000/share
Reported transaction price for gifted shares
Shares held after transaction
98,838 shares
Director’s direct holdings following gift
Key Terms
Bona fide gift, Charitable Remainder Unitrust, Common Stock
3 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 90,000-share disposition"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Charitable Remainder Unitrust financial
"The reporting person gifted shares to a Charitible Remainder Unitrust."
Common Stock financial
"security_title: "Common Stock" for the non-derivative transaction"
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.
FAQ
What did Vicor (VICR) director Estia J. Eichten report in this Form 4?
Director Estia J. Eichten reported a bona fide gift of 90,000 shares of Vicor Common Stock. This was a non-cash transfer, categorized as a gift transaction rather than an open-market sale or purchase, and was reported as a disposition.
Was the Vicor (VICR) director’s transaction a market sale or purchase?
The transaction was reported as a bona fide gift with code G, not a market sale or purchase. The price per share is listed as $0.0000, confirming that no cash consideration changed hands in connection with this disposition.