Form 4: Power Integrations VP Doug Bailey Reports Stock Transactions

Doug Bailey, VP of Marketing at Power Integrations, reports the acquisition and disposal of company stock related to a Performance Stock Unit.

Summary

• Doug Bailey, VP of Marketing at Power Integrations, reported transactions involving Power Integrations common stock.
• On February 7, 2025, Bailey acquired 2,545 shares of common stock through the vesting of a Performance Stock Unit at a price of $0.00.
• On February 10, 2025, Bailey disposed of 1,061 shares of common stock at a price of $58.0126 to cover the tax liability associated with the vesting of the Performance Stock Unit.
• Following these transactions, Bailey beneficially owns 97,908 shares of Power Integrations common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The vesting of the Performance Stock Unit indicates that Power Integrations met certain performance conditions in 2024.

Industry Context

This is a routine disclosure of stock transactions by a company insider, which is common practice and regulated by the SEC to ensure transparency and prevent insider trading.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to insider stock activity and tax obligations.

Key Dates