4/A: Power Integrations: Executive Stock Transaction Amendment
Insider Transaction Amendment
Sunil Gupta, Sr. Vice President of Operations at Power Integrations, filed an amendment to a prior Form 4, correcting an overstatement of restricted stock units.
Summary
- This filing is an amendment to a previously filed Form 4 by Sunil Gupta, Sr. Vice President of Operations at Power Integrations Inc.
- The amendment corrects an administrative error that had overstated the number of restricted stock units (RSUs) granted to Mr. Gupta.
- The original transaction date was January 27, 2026, with an amendment date of January 29, 2026, and the signature date is April 6, 2026.
- The filing indicates that 22,865 shares of common stock were acquired, with a reported value of $0.0, and the total beneficial ownership following the transaction is 89,570 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral; it's a procedural correction of a prior administrative error with no new financial information or strategic changes.
Positives
- Correction of an administrative error, ensuring accurate reporting of stock grants.
- The amendment clarifies the exact number of restricted stock units, providing transparency.
Negatives
- An initial overstatement of restricted stock units was reported, indicating a potential administrative oversight.
Future Outlook
No specific future outlook or guidance is provided in this amendment, which solely addresses a correction to a past transaction.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider stock transactions. Amendments to these forms are common for correcting administrative errors, ensuring accurate public information regarding executive holdings and compensation.
Stakeholder Impact
- Shareholders: Increased transparency and accuracy regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 01/27/2026 | Original transaction date for stock acquisition. |
| 01/29/2026 | Date of original Form 4 filing (implied by amendment date). |
| 04/06/2026 | Signature date of the amendment. |
Keywords
Power Integrations, POWI, Form 4, SEC Filing, Stock Transaction, Restricted Stock Units, Executive Compensation, Beneficial Ownership, Amendment
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