Form 4: Vicor Corp Executive Alvaro Doyle Reports Stock Option Exercise and Sale
SEC Form 4
VP and CIO of Vicor Corp, Alvaro Doyle, reports exercising stock options and selling shares on May 8, 2024.
Summary
- On May 8, 2024, Alvaro Doyle, VP and CIO of Vicor Corp, exercised non-qualified stock options to acquire 427 shares of common stock at a price of $6.77 per share.
- Simultaneously, Doyle sold 427 shares of common stock at a price of $33.0958 per share.
- Following these transactions, Doyle directly owns 42 shares of Vicor Corp common stock.
- Doyle also continues to hold non-qualified stock options exercisable in full, expiring on July 21, 2024.
Sentiment
Score: 5
Explanation: This is a neutral report of insider trading activity. It doesn't necessarily indicate positive or negative sentiment about the company's future prospects.
Industry Context
This is a routine disclosure of insider trading activity, which is common for executives who receive stock options as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of stock option exercise and sale of shares. |
| 07/21/2024 | Expiration date of the non-qualified stock options. |
| 05/09/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.