Form 4: Vicor Corp Director Andrew D'Amico Executes Stock Options and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Andrew D'Amico exercised stock options and sold shares of Vicor Corp common stock on February 21, 2025, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 21, 2025, Andrew D'Amico, a director of Vicor Corp, executed non-qualified stock options to acquire 1,000 shares at $16.15 and 800 shares at $16.6.
- Simultaneously, D'Amico sold 1,000 shares of common stock at $62 and 800 shares at $64.
- These transactions were conducted under a Rule 10b5-1 trading plan adopted on September 12, 2024.
- Following these transactions, D'Amico directly owns zero shares of Vicor Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 plans to diversify their holdings and avoid accusations of trading on inside information.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 2024-09-12 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-02-21 | Date of stock option exercise and stock sale |
| 2025-02-25 | Date of Form 4 filing |
| 2027-03-02 | Expiration date of Non Qualified Stock Option for 1,000 shares |
| 2027-03-20 | Expiration date of Non Qualified Stock Option for 800 shares |
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