BALAKRISHNAN BALU 4

What Happened

• Director Balakrishnan Balu reported the sale of 5,581 shares of Power Integrations (POWI) on 2026-01-29. The shares were sold at $46.59 per share for a total of approximately $260,036.
• This was a sale (transaction code S) that the filing indicates was an automatic "sell-to-cover" to satisfy tax withholding tied to the vesting of a Restricted Stock Award.

Key Details

• Transaction date: 2026-01-29; sale price: $46.59 per share; shares sold: 5,581; total value: ~$260,036.
• Filing date: 2026-02-02 (filed within the normal Form 4 reporting window — timely).
• Footnote: F1 — sale was automatic to cover the tax liability from the vesting of a Restricted Stock Award (sell-to-cover).
• Shares owned after the transaction: not specified in the information provided.

Context

• Sell-to-cover transactions are routine tax-withholding actions when restricted stock vests and generally do not signal management sentiment about the company’s prospects. Purchases by insiders tend to be more informative about confidence in the business.