Arienzo Wendy 4
Research Summary
AI-generated summary
Power Integrations Director Wendy Arienzo Receives 2,491 RSU Award
What Happened
- Wendy Arienzo, a director of Power Integrations, was granted 2,491 restricted stock units (RSUs) on July 1, 2026. The grant is reported at $0.00 per share (no cash paid) — total reported value $0 on the Form 4.
- This is a compensation award (an equity grant), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-07-01; Form 4 filing date: 2026-07-06.
- Shares/units granted: 2,491 RSUs; price reported: $0.00; reported total = $0.
- Vesting: Footnote states these RSUs vest at the earlier of one year from grant or the day before the next annual meeting of stockholders, subject to continued service.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Timeliness: The Form 4 was filed five days after the grant date; insiders are generally required to file Form 4 within two business days, so this filing appears late.
Context
- RSUs are a form of equity compensation that convert to actual shares when they vest; there is no immediate cash purchase or sale and the grant itself does not necessarily signal a buying or selling decision.
- Director grants are common as part of board compensation. This report is informational and does not indicate whether shares will ultimately be sold or retained after vesting.