Jain Gagan 4/A
Research Summary
AI-generated summary
Power Integrations (POWI) VP Jain Gagan Receives 11,432-Share Award
What Happened Jain Gagan, VP, Worldwide Sales at Power Integrations (POWI), was granted 11,432 restricted stock units (RSUs) on January 27, 2026. The reported acquisition price is $0.00 (an award/grant, transaction code A). This filing is an amendment correcting an earlier administrative error that had overstated the number of RSUs granted.
Key Details
- Transaction date: 2026-01-27; Grant type: Award/Grant (A); Shares: 11,432; Price reported: $0.00.
- Filing date (amendment): 2026-04-06. The report was amended to correct the previously overstated grant (Footnote F1).
- Shares owned after the transaction: not specified in this filing.
- Timeliness: the Form 4 was filed more than two business days after the transaction and was submitted as an amended filing.
Context This was an equity award (RSUs), not an open-market purchase or sale. RSUs typically vest over time and do not represent an immediate cash purchase or sale; they may convert to shares later, subject to vesting conditions. Awards and corrections are administrative disclosures and do not by themselves indicate insider buying or selling intent.