Form 4: Vicor Corp Executive Quentin A. Fendelet Reports Stock Option Exercise and Sale
SEC Form 4 Filing
Quentin A. Fendelet, a Corporate VP-CAO at Vicor Corp, exercised stock options and sold the acquired shares on February 27, 2025.
Summary
- On February 27, 2025, Quentin A. Fendelet, a Corporate VP-CAO of Vicor Corp, exercised non-qualified stock options to acquire 458 shares of common stock at a price of $60.61 per share.
- Simultaneously, Fendelet sold 458 shares of Vicor Corp common stock at a price of $63.7845 per share.
- Following these transactions, Fendelet directly owns 1,829 derivative securities.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity, neither particularly positive nor negative.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It's a standard practice and part of regulatory compliance.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an executive's personal financial decisions.
Key Dates
| Date | Description |
|---|---|
| April 25, 2022 | Options granted under the Company's Amended and Restated 2000 Stock Option and Incentive Plan. |
| February 27, 2025 | Date of stock option exercise and sale of shares. |
| March 03, 2025 | Date of signature on the Form 4 filing. |
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