Form 4: Power Integrations VP of Technology, Engineering, Radu Barsan, Sells Shares
SEC Form 4 Filing
Radu Barsan, VP of Technology, Engineering at Power Integrations Inc, sold 1,837 shares of common stock on May 13, 2024, at a price of $76.5644 per share.
Summary
- On May 13, 2024, Radu Barsan, the VP of Technology, Engineering at Power Integrations Inc, sold 1,837 shares of the company's common stock.
- The sale price was $76.5644 per share.
- Following the transaction, Barsan directly owns 40,945 shares of Power Integrations Inc.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. 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, although it is a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/13/2024 | Date of transaction: Sale of 1,837 shares of common stock. |
| 05/14/2024 | Date of signature for the Form 4 filing. |
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