Jain Gagan 4
Research Summary
AI-generated summary
Power Integrations (POWI) VP Gagan Jain Sells Shares
What Happened
Jain Gagan, VP, Worldwide Sales at Power Integrations, sold a total of 157 shares in two open-market transactions on February 3, 2026. Both lots were sold at $45.58 per share (63 shares = $2,872; 94 shares = $4,285), for a combined proceeds of approximately $7,157. These were sales (not purchases) and, per the filing, were automatic sales to satisfy tax withholding on vested restricted stock.
Key Details
- Transaction date: 2026-02-03; Sale price: $45.58 per share (both lots).
- Shares sold: 63 and 94 (total 157); Total proceeds ≈ $7,157.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnote: F1 — automatic sale to cover tax liability from vesting of a Restricted Stock Award (tax withholding).
- Filing: Form 4 filed 2026-02-05 for transactions on 2026-02-03 (filed within the normal 2 business‑day window).
Context
This filing documents a tax-withholding sale tied to vesting of restricted stock, which is a routine administrative transaction and not necessarily a signal about the insider’s outlook. For retail investors, purchases typically carry more informational weight than routine withholding sales.