Schmidt James F 4

What Happened

• James F. Schmidt — Vicor Corporation CFO, Treasurer, Secretary and Director — exercised options to acquire 15,500 shares on March 11, 2026 (15,000 shares at $93.33 and 500 shares at $48.38; aggregate cash paid ≈ $1,424,140). On the same day he disposed of 15,500 shares in multiple open-market sales for total gross proceeds of ≈ $2,746,369 (sales were done in lots at prices ranging roughly from $169.43 to $180.56).
• This sequence (exercise of derivatives followed by sales of the underlying shares) functioned as a cashless exercise and sale of all shares acquired, so it is not a net purchase (i.e., not a bullish accumulation).

Key Details

• Transaction date: March 11, 2026; Form filed March 12, 2026 (timely).
• Options exercised: 15,000 @ $93.33 and 500 @ $48.38 (transaction code M); total paid ≈ $1.424M.
• Shares sold (open market): 15,500 shares in multiple trades; total proceeds ≈ $2.746M; overall weighted-average sale price ≈ $177.18 per share.
• Footnotes: Sale(s) effected pursuant to a Rule 10b5-1 trading plan adopted Dec 10, 2025 (F1). Individual sale line items report weighted-average prices with per-lot ranges (F2–F9) from about $169.43 to $180.56.
• Shares owned after the transaction: Not specified in the material provided in this summary.

Context

• For retail investors: this was an option exercise followed by immediate sale of all acquired shares (a cashless exercise), which is common for executives to realize gains or cover exercise/tax costs. Because all exercised shares were sold, the transactions do not represent an incremental insider purchase or an obvious vote of confidence via retained shares.
• No indication here that the filer is a 10% owner; sales were executed under a pre-established 10b5-1 plan (reduces questions about opportunistic timing).