Form 4: Power Integrations VP Radu Barsan Reports Stock Transactions

Radu Barsan, VP of Technology, Engineering at Power Integrations, reports the acquisition of 3,500 shares and the sale of 1,422 shares of common stock.

Summary

• Radu Barsan, VP of Technology, Engineering at Power Integrations, filed a Form 4 detailing changes in beneficial ownership.
• On February 7, 2025, Barsan acquired 3,500 shares of common stock as a Performance Stock Unit (PSU) grant, valued at $0.00.
• The PSU vested because Power Integrations met the performance conditions for 2024.
• On February 10, 2025, Barsan sold 1,422 shares of common stock at a price of $58.0123 per share.
• This sale was to cover the tax liability associated with the vesting of the Performance Stock Unit.
• Following these transactions, Barsan beneficially owns 57,377 shares of Power Integrations common stock.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing stock transactions. The sentiment is neutral as it simply reports facts without expressing any positive or negative outlook.

Positives

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve a relatively small number of shares.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Sale, Stock Acquisition, Performance Stock Unit, Power Integrations, POWI, Radu Barsan