Lloyd Jennifer A 4

What Happened

• Jennifer A. Lloyd, President and CEO of Power Integrations (POWI), had 5,885 Performance Stock Units (PSUs vest) on 2026-02-06 and an automatic sale of 3,322 shares on 2026-02-09. The sale was at $46.57 per share for proceeds of $154,705. The grant was recorded at $0 because it was an award (PSU vesting), and the sale represents stock sold to cover tax withholding.

Key Details

• Transactions:
  • 2026-02-06: Award/Grant (A) — 5,885 PSUs vested (acquired at $0.00) [F1].
  • 2026-02-09: Open-market/automatic sale (S) — 3,322 shares sold at $46.57 each; total $154,705 [F2].
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: PSUs vest based on company performance; 2025 performance conditions were met, triggering vesting.
  • F2: The 3,322-share sale was an automatic sale to cover tax withholding on the vested PSUs.
• Filing: Report filed with the SEC on 2026-02-10. (No late-filing flag indicated in the provided filing.)

Context

• This filing reflects an executive equity award vesting (a compensatory award) and an associated automatic sale to satisfy tax obligations, not an independent market-driven purchase or strategic sale. Such tax-withholding sales are common when restricted or performance shares vest and do not necessarily signal the insider’s view on company prospects.