VICOR CEO gifts 7,000 company shares
VICOR CORP Chairman and CEO Patrizio Vinciarelli reported charitable gifts of company stock.
Rhea-AI Filing Summary
VICOR CORP Chairman and CEO Patrizio Vinciarelli reported charitable gifts of company stock. On May 13, 2026, he made two bona fide gifts totaling 7,000 shares of common stock, recorded at $0.0000 per share, reflecting transfers without sale proceeds.
Footnotes state that gifts were made to Brigham and Women's Hospital Inc. and Beth Israel Lahey Health. After these gifts, Vinciarelli directly holds 8,848,090 shares of VICOR CORP common stock. He also indirectly holds 167,125 shares as trustee of an irrevocable trust established for the benefit of his child.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,000 shares gifted
Gift
3 txns
Insider
VINCIARELLI PATRIZIO
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 3,500 | $0.00 | $0.00 |
| Gift | Common Stock | 3,500 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,848,090 shares (Direct);
Common Stock — 167,125 shares (Indirect, See footnote)
Footnotes (3)
- F1. These shares are held by the reporting person as Trustee of the Patrizio Vinciarelli Irrevocable Trust U/A Dated 12/21/2012, established for the benefit of the child of the reporting person.
- F2. Gift to Brigham and Womens Hospital Inc.
- F3. Gift to Beth Israel Lahey Health.
Key Figures
Total shares gifted: 7,000 shares
First gift size: 3,500 shares
Second gift size: 3,500 shares
+2 more
5 metrics
Total shares gifted
7,000 shares
Two bona fide gifts of common stock on May 13, 2026
First gift size
3,500 shares
Bona fide gift of common stock at $0.0000 per share
Second gift size
3,500 shares
Second bona fide gift of common stock at $0.0000 per share
Direct holdings after gifts
8,851,590 shares
Common stock directly owned after May 13, 2026 transactions
Indirect trust holdings
167,125 shares
Held as trustee of irrevocable trust for benefit of child
Key Terms
bona fide gift, indirect ownership, irrevocable trust, transaction code G, +1 more
5 terms
bona fide gift financial
"transaction code G is described as a bona fide gift"
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.
indirect ownership financial
"167,125 shares are reported with indirect ownership as trustee"
irrevocable trust financial
"shares are held by the Patrizio Vinciarelli Irrevocable Trust U/A Dated 12/21/2012"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
transaction code G financial
"transaction code G is used for the non-derivative common stock gifts"
Chairman and CEO financial
"the reporting person is identified as Chairman and CEO of VICOR CORP"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did VICOR (VICR) report for Patrizio Vinciarelli?
VICOR reported that Chairman and CEO Patrizio Vinciarelli made two bona fide gifts totaling 7,000 shares of common stock on May 13, 2026. These transfers were recorded at zero dollars per share, meaning they were charitable gifts rather than open-market sales.
What are Patrizio Vinciarelli’s direct VICOR (VICR) holdings after these gifts?
After the reported gifts, Patrizio Vinciarelli directly holds 8,851,590 shares of VICOR CORP common stock. This figure comes from the post-transaction share balance disclosed for his direct ownership on the Form 4 dated May 13, 2026.
Does Patrizio Vinciarelli have indirect VICOR (VICR) ownership through a trust?
Yes. The filing shows 167,125 VICOR common shares held indirectly, with Vinciarelli acting as trustee of the Patrizio Vinciarelli Irrevocable Trust dated December 21, 2012, which was established for the benefit of his child, as described in a footnote.
Were the VICOR (VICR) insider transactions market sales or charitable gifts?
The reported transactions were charitable gifts, not market sales. Both entries use transaction code G, described as a bona fide gift, with a transaction price of $0.0000 per share, and footnotes identifying charitable healthcare institutions as recipients.
AI-generated analysis. How Rhea-AI works. Not financial advice.
