Form 4: Power Integrations VP of Marketing, Doug Bailey, Reports Stock Transactions
SEC Form 4 Filing
Doug Bailey, VP of Marketing at Power Integrations, reports acquisition and disposal of company stock on April 1st and 2nd, 2024.
Summary
- Doug Bailey, VP of Marketing at Power Integrations, filed a Form 4 detailing changes in beneficial ownership.
- On April 1, 2024, Bailey acquired 10,320 shares of common stock at $0.00.
- On April 2, 2024, Bailey sold 1,096 shares of common stock at $69.041 per share.
- Following these transactions, Bailey beneficially owns 101,281 shares of Power Integrations common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to stock transactions by a company insider. It's a standard practice and provides transparency to investors.
Stakeholder Impact
- The transactions have a minimal impact on stakeholders as they represent a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Acquisition of 10,320 shares of common stock. |
| 04/02/2024 | Sale of 1,096 shares of common stock at $69.041. |
| 04/03/2024 | Date of signature on the Form 4 filing. |
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