Form 4: Power Integrations VP Radu Barsan Sells Shares to Cover Tax Obligations

Radu Barsan, VP of Technology, Engineering at Power Integrations, sold 1,672 shares of common stock on April 2, 2025, to cover tax liabilities associated with vesting of a restricted stock award.

Summary

• On April 2, 2025, Radu Barsan, VP of Technology, Engineering at Power Integrations, sold 1,672 shares of common stock.
• The sale was executed at a price of $50.8867 per share.
• This transaction was conducted to cover the tax liability associated with the vesting of a Restricted Stock Award.
• Following the transaction, Barsan directly owns 43,623 shares of Power Integrations common stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily reflect a change in the executive's confidence in the company.

Industry Context

This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations when restricted stock units vest.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant given the reason for the sale.

Key Dates

Keywords

Form 4, insider trading, stock sale, Power Integrations, POWI, Radu Barsan, restricted stock award, tax liability