Form 4: Vicor Corp VP-Human Resources, Nancy L. Grava, Executes Stock Option and Sells Shares
SEC Form 4 Filing
Nancy L. Grava, VP-Human Resources at Vicor Corp, exercised stock options and sold the resulting shares on May 3, 2024.
Summary
- On May 3, 2024, Nancy L. Grava, VP-Human Resources at Vicor Corp, exercised a non-qualified stock option for 1,277 shares at an exercise price of $6.77.
- Simultaneously, Ms. Grava sold 1,277 shares of common stock at a price of $33.9052 per share.
- Following these transactions, Ms. Grava no longer directly owns any shares of Vicor Corp.
- The stock option was exercisable in full.
Sentiment
Score: 5
Explanation: This is a neutral report of insider trading activity, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it represents a small portion of the company's overall shares.
- The disclosure provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of stock option exercise and sale of shares. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
| 07/21/2024 | Expiration date of the non-qualified stock option. |
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