Form 4: Vicor Corp Executive Sean Crilly Reports Stock Option Grant and Stock Purchase Plan Acquisition

Sean Crilly, a Corporate VP at Vicor Corp, reports acquisition of shares through an employee stock purchase plan and grant of stock options.

Summary

• On May 5, 2025, Sean Crilly, a Corporate VP at Vicor Corp, filed a Form 4.
• The report details the acquisition of 279 shares of common stock through the Vicor Corporation 2017 Employee Stock Purchase Plan on February 28, 2025.
• Crilly also received a grant of 1,930 non-qualified stock options with an exercise price of $50 on May 2, 2025, which vest over a five-year period and expire two years from each vesting date.
• Following these transactions, Crilly directly owns 27,328 shares of Vicor Corp common stock and 1,930 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and insider investment in the company.

Positives

• The acquisition of shares through the employee stock purchase plan indicates Crilly's investment in the company's stock.
• The grant of stock options serves as an incentive for Crilly to contribute to the company's long-term success.

Industry Context

Executive stock ownership and option grants are common practices in the technology industry to align management interests with shareholder value.

Comparison to Industry Standards

• Stock option grants are a typical component of executive compensation packages in the technology sector, often vesting over a multi-year period to incentivize long-term performance.
• Companies like Analog Devices and Texas Instruments also utilize stock options and employee stock purchase plans as part of their compensation strategy.

Stakeholder Impact

• The stock option grant and stock purchase plan acquisition could positively impact shareholders by aligning executive interests with company performance.
• Employees benefit from the opportunity to participate in the company's growth through the stock purchase plan.

Key Dates

Keywords

Form 4, VICR, Vicor Corp, Stock Options, Employee Stock Purchase Plan, Sean Crilly, Beneficial Ownership