BALAKRISHNAN BALU 4
Research Summary
AI-generated summary
Power Integrations (POWI) Director Balakrishnan Balu Sells Shares
What Happened
- Balakrishnan Balu, a director of Power Integrations, sold a total of 124,287 shares in open-market transactions on May 28, 2026. The sales were reported as two dispositions: 95,287 shares at a weighted average price of $86.25 (proceeds $8,218,694) and 29,000 shares at a weighted average price of $87.05 (proceeds $2,524,436). Total proceeds were about $10,743,130. These were outright sales (transaction code S), which are typically routine dispositions rather than purchases that signal bullish insider conviction.
Key Details
- Transaction date: 2026-05-28 (filed 2026-05-29).
- Reported prices: weighted averages of $86.25 (95,287 shs) and $87.05 (29,000 shs).
- Price ranges (footnotes): first block sold across $85.84–$86.7601; second block sold across $86.8442–$87.22. Footnotes state the reporter can provide exact per-trade prices upon request.
- Shares owned after transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, option exercise, or gift indicated in the supplied details.
- Filing timeliness: appears timely (transaction on 5/28, Form 4 filed 5/29).
Context
- These were open-market sales by a company director; sales can reflect personal liquidity or portfolio management and do not by themselves indicate company performance. Because this was a sale (not a purchase, exercise, or award), it is less informative about insider confidence than a purchase would be. The weighted-average pricing and noted price ranges mean the shares were sold in multiple trades that day.