Power Integrations (POWI) Sr. VP Michael Balow Receives Award

What Happened Michael Balow, Senior Vice President, Worldwide Sales at Power Integrations (POWI), was granted 32,768 shares on May 15, 2026. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price of $0. This is a compensation-related award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed within the Form 4 reporting window)
• Shares awarded: 32,768; Reported acquisition price: $0.00
• Shares owned after transaction: Not specified in the provided filing details
• Transaction code: A (award/grant/acquisition); no footnotes, 10b5-1 plan, or tax-withholding details shown in the summary

Context Stock awards are a common form of executive compensation and typically reflect pay/retention programs rather than direct buying or selling of stock. Such grants do not, by themselves, indicate the insider’s view on the company’s near-term stock direction.