Form 4: VICOR CEO Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
VICOR Corp's Chairman and CEO, Patrizio Vinciarelli, sold 1,883 shares of common stock for $114.3581 per share under a pre-arranged Rule 10b5-1 trading plan.
Summary
- Patrizio Vinciarelli, Chairman and CEO of VICOR Corp, reported a sale of common stock.
- The transaction involved the disposition of 1,883 shares of VICOR common stock.
- The shares were sold at a price of $114.3581 per share.
- This sale was executed on December 31, 2025.
- The transaction was conducted pursuant to a Rule 10b5-1 trading plan adopted on December 10, 2024.
- Following this transaction, Patrizio Vinciarelli directly beneficially owns 9,708,163 shares of common stock.
- Additionally, 171,125 shares are indirectly beneficially owned through the Patrizio Vinciarelli Irrevocable Trust U/A Dated 12/21/2012, established for the benefit of his child.
Sentiment
Score: 5
Explanation: The filing reports a routine insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which is generally considered a neutral event as it reflects pre-scheduled liquidity management rather than a direct market timing decision.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
This filing is a routine insider transaction report and does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Insider Trading Policy Adherence | The sale was conducted under a Rule 10b5-1 trading plan, which is a mechanism designed to allow insiders to sell shares without being accused of trading on material non-public information. | 12/10/2024 | Enhances transparency and mitigates potential concerns regarding insider trading, aligning with best practices in corporate governance. |
Related Party Transactions
- Indirect beneficial ownership of 171,125 shares is held by the Patrizio Vinciarelli Irrevocable Trust U/A Dated 12/21/2012, established for the benefit of the reporting person's child.
Stakeholder Impact
- Shareholders: The sale by a key executive, even under a 10b5-1 plan, might be viewed with slight caution, though the pre-planned nature mitigates negative interpretations. The amount sold is a small fraction of total holdings.
Key Dates
| Date | Description |
|---|---|
| 12/21/2012 | Date of Patrizio Vinciarelli Irrevocable Trust U/A establishment. |
| 12/10/2024 | Date Rule 10b5-1 trading plan was adopted by the reporting person. |
| 12/31/2025 | Date of the reported stock transaction (sale). |
| 01/05/2026 | Date the Form 4 was signed and filed. |
Keywords
VICOR Corp, VICR, Patrizio Vinciarelli, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Director, Beneficial Ownership
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