BALAKRISHNAN BALU 4

What Happened
Balakrishnan Balu, a director of Power Integrations (POWI), sold a total of 118,573 shares on May 26, 2026. The filing reports two dispositions: 47,863 shares at a reported weighted average price of $80.93 (≈ $3,873,380) and 70,710 shares at a reported weighted average price of $82.26 (≈ $5,816,810), for aggregate proceeds of roughly $9.69 million. Both trades are coded as sales (S) and described as open-market or private sales.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (filed within the usual two-business-day window).
• Reported aggregated proceeds: ≈ $9,690,190.
• Reported prices and reported totals:
  • 47,863 shares at weighted avg $80.93 → ~$3,873,380 (Footnote F1).
  • 70,710 shares at weighted avg $82.26 → ~$5,816,810 (Footnote F2).
• Footnotes: F1/F2 state the reported prices are weighted averages from multiple trades. F1 sale prices ranged $80.52–$81.25; F2 sale prices ranged $82.08–$82.44. The reporting person offers to provide per-trade details on request.
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• Transaction code: S = Sale (open market or private sale).

Context
These are sales by a company director and are recorded as open-market/private disposals. Sales by insiders can be for many routine reasons (diversification, liquidity, taxes) and do not by themselves prove a change in company outlook. The weighted-average pricing and the footnote ranges indicate the shares were sold in multiple executions across slightly different prices.