Form 4: Vicor Corp Executive Sells 340 Shares of Common Stock
SEC Form 4 Filing
Quentin A. Fendelet, Corp. VP-CAO of Vicor Corp, disposed of 340 shares of common stock at a price of $38.08 on March 1, 2024.
Summary
- On March 1, 2024, Quentin A. Fendelet, a Corp. VP-CAO at Vicor Corp, sold 340 shares of common stock.
- The transaction was executed at a price of $38.08 per share.
- Following the transaction, Fendelet directly owns 0 shares of Vicor Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports a sale of shares.
Industry Context
Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal expenses. It's important to consider the context of the sale, such as the overall trading volume and any other insider activity.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Sale of 340 shares of common stock. |
| 03/04/2024 | Date of signature on the Form 4 filing. |
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