Jain Gagan 4

What Happened

• Gagan Jain, VP, Worldwide Sales at Power Integrations (POWI), was granted 2,534 Performance Stock Units (PSUs) that vested on Feb 6, 2026 (acquired at $0.00). Following vesting, 938 shares were automatically sold back to the issuer on Feb 9, 2026 at $46.57 per share, generating $43,682 to cover tax withholding.

Key Details

• Transaction dates and prices:
  • Feb 6, 2026: Award/grant of 2,534 PSUs (acquisition at $0.00).
  • Feb 9, 2026: Disposition to issuer of 938 shares at $46.57 each (proceeds $43,682).
• Shares owned after transaction: not specified in the filing.
• Footnotes:
  • F1: The grant was a Performance Stock Unit; vesting depended on Power Integrations meeting performance conditions for 2025, which were met.
  • F2: The 938-share sale was an automatic sale to cover the tax liability associated with the vested PSUs (tax withholding).
• Filing: Form 4 filed Feb 10, 2026 (within the typical two-business-day reporting window).

Context

• This was not an open-market sell for cash or diversification but an automatic tax-withholding sale following PSU vesting. Such withholding sales are routine when equity awards vest and do not necessarily indicate executive sentiment about the stock.