Form 4: Power Integrations VP of Marketing, Doug Bailey, Sells Shares
SEC Form 4
Doug Bailey, VP of Marketing at Power Integrations, sold 165 shares of common stock on August 21, 2024.
Summary
- Doug Bailey, VP of Marketing at Power Integrations, sold 165 shares of common stock on August 21, 2024.
- The shares were sold at a price of $66.9976 per share.
- Following the transaction, Doug Bailey directly owns 94,924 shares of Power Integrations common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of an insider stock sale, which doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a routine disclosure of an insider transaction. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company executive could be perceived negatively by some shareholders, but the impact is likely minimal given the small number of shares sold relative to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 08/21/2024 | Date of stock sale transaction |
| 08/23/2024 | Date of Form 4 filing |
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