Vicor (VICR) Insider Option Grant: 4,539 Shares, $44.07 Strike
Rhea-AI Filing Summary
Vicor Corporation (VICR) – Form 4 insider transaction summary
On 06/20/2025, director Andrew D’Amico received a non-qualified stock option for 4,539 common shares of Vicor. The option’s exercise price is $44.07—generally the market price at the grant date—and it will expire on 06/20/2035. According to the footnote, the grant was made under the company’s Amended and Restated 2000 Stock Option and Incentive Plan and will vest ratably over five years. No shares were purchased or sold outright; the filing only records the derivative security grant. Following the transaction, D’Amico beneficially owns 4,539 derivative securities (options) and no change to any direct common-stock position is disclosed.
This type of grant is a routine component of director compensation. It modestly aligns the director’s interests with shareholders by linking potential value to future share-price performance, but the size of the grant—4,539 shares, roughly US$0.2 million based on the strike price—is small relative to Vicor’s market capitalization and average daily trading volume. There are no cash proceeds to Vicor and no immediate dilution because the options are unexercised. Investors should consider it an ordinary governance event rather than a signal of near-term fundamental change.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine director option grant; minimal economic or dilution impact; neutral governance signal.
The Form 4 discloses a single non-qualified option grant to director Andrew D’Amico. At 4,539 shares, the award is consistent with typical director compensation levels for companies of Vicor’s size. Vesting over five years promotes long-term alignment without encouraging short-term risk-taking. Strike price mirrors market price, so no intrinsic value exists today. From a governance standpoint, the company continues to use its 2000 Stock Option & Incentive Plan, indicating established compensation practices. There is no evidence of preferential pricing, accelerated vesting, or related-party concerns. Consequently, I view the filing as neutral with negligible impact on shareholder value.
TL;DR: Insignificant to valuation; watch only if option activity accelerates.
The 4,539-share option grant represents less than 0.01% of Vicor’s 44 million shares outstanding, so potential dilution is immaterial. Because the option is out-of-the-money until the share price exceeds $44.07, there is no earnings impact under current accounting until vesting triggers expense recognition, which should be minor. I do not alter my position sizing or valuation models based on this disclosure. However, I track cumulative option overhang; if similar grants become frequent or larger, dilution could slowly creep higher. For now, the event remains non-impactful.