BALAKRISHNAN BALU 4

What Happened
Balakrishnan Balu, a director of Power Integrations (POWI), reported two share dispositions on 2026-02-03. He sold 3,495 shares at $44.75 for $156,412 and 6,585 shares at $44.75 for $294,700, for total proceeds of approximately $451,112. The transactions are reported as sales (S) and, per the filing footnote, represent automatic sales to cover tax withholding on a restricted stock award—routine tax-related transactions rather than discretionary open-market selling.

Key Details

• Transaction date(s) and price(s): 2026-02-03 — 3,495 shares @ $44.75 and 6,585 shares @ $44.75.
• Total shares sold: 10,080; total proceeds: ~$451,112.
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: F1 — automatic sale of stock to cover the tax liability associated with the vesting of a Restricted Stock Award (tax withholding).
• Filing timing: Form 4 filed 2026-02-05 for a 2026-02-03 transaction; this appears to be timely (within the usual 2-business-day window).

Context
Tax-withholding sales following vesting of restricted stock are common and typically administrative; they do not necessarily indicate the insider's view on the company. For retail investors, purchases and voluntary sales by insiders are generally more informative than mandatory tax-withholding dispositions.