Form 4: Power Integrations VP of Operations, Sunil Gupta, Reports Stock Transactions

Sunil Gupta, VP of Operations at Power Integrations, reports the acquisition and disposal of common stock related to a Performance Stock Unit.

Summary

• On February 7, 2025, Sunil Gupta, VP of Operations at Power Integrations, acquired 3,420 shares of common stock through a Performance Stock Unit grant.
• The Performance Stock Unit vested because Power Integrations met the performance conditions for 2024.
• On February 10, 2025, Gupta disposed of 1,256 shares of common stock at a price of $58.0115 per share.
• This disposal was an automatic sale of stock to cover the tax liability associated with the vesting of the Performance Stock Unit.
• Following these transactions, Gupta beneficially owns 67,809 shares of Power Integrations common stock.

Sentiment

Score: 6

Explanation: The document is a standard SEC filing detailing stock transactions. It's neutral in sentiment as it simply reports facts without expressing opinions or forecasts.

Positives

• The vesting of the Performance Stock Unit indicates that Power Integrations achieved its performance goals for 2024.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates