Balow Michael 4

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.