STOCK TITAN

Vicor Director Receives 4.5k Stock Options – No Shares Sold

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

On 06/23/2025, Vicor Corp. (VICR) filed a Form 4 disclosing that director Zmira Lavie received an equity incentive grant on 06/20/2025. The award consists of 4,539 non-qualified stock options with an exercise price of $44.07 per share, issued under the company’s Amended and Restated 2000 Stock Option and Incentive Plan. The options vest over five years and carry an expiration date of 06/20/2035. Following the grant, Lavie beneficially owns 4,539 derivative securities and reported no open-market purchases or sales of common stock. As this is a routine director compensation grant representing an immaterial fraction of Vicor’s outstanding shares, the filing is considered neutral from a near-term valuation perspective.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small routine option grant; no cash purchase or sale; negligible impact on VICR valuation.

The 4,539-share option award equals well under 0.02% of Vicor’s ~44 million shares outstanding, so earnings dilution is de minimis. Because the transaction is an option grant rather than a share purchase, it does not signal the director’s immediate capital commitment. The strike price of $44.07 is close to recent trading levels, aligning long-term incentives but offering limited short-term insight. Overall, the filing is informational and should not meaningfully influence fundamental or technical assessments.

TL;DR: Standard equity-based compensation aligns interests; immaterial size keeps impact neutral.

Director option grants are common practice for mid-cap technology companies like Vicor. Five-year vesting promotes board continuity and long-term oversight, while the 10-year term reflects standard plan provisions. No red flags emerge regarding pricing or accelerated vesting. Because the award’s dollar value is modest relative to the company’s market cap, governance implications are neutral. Investors should view the filing as routine rather than a directional signal.

Insider Lavie Zmira
Role Director
Type Security Shares Price Value
Grant/Award Non Qualified Stock Option 4,539 $0.00 --
Holdings After Transaction: Non Qualified Stock Option — 4,539 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Lavie Zmira

(Last) (First) (Middle)
25 FRONTAGE RD.

(Street)
ANDOVER MA 01810

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VICOR CORP [ VICR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non Qualified Stock Option $44.07 06/20/2025 A 4,539 (1) 06/20/2035 Common Stock 4,539 $0 4,539 D
Explanation of Responses:
1. Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on June 20, 2025 and vest over a five year period.
/s/Quentin A. Fendelet Attorney in Fact for Zmira Lavie 06/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Vicor (VICR) report on 06/23/2025?

Director Zmira Lavie was granted 4,539 non-qualified stock options under the company’s incentive plan.

What is the exercise price of the options granted to Zmira Lavie?

The options carry an exercise price of $44.07 per share.

When do the newly granted VICR options vest and expire?

They vest over five years and expire on 06/20/2035.

Did the Vicor director buy or sell any common stock in this Form 4?

No. The filing reports an option grant only; there were no open-market purchases or sales of common shares.

How many derivative securities does Zmira Lavie now hold after the grant?

She beneficially owns 4,539 stock options following the reported transaction.

Is this Form 4 filing considered material to Vicor shareholders?

Given the small size relative to total shares outstanding, the filing is viewed as neutral and not materially impactful.