Lavie Zmira 4

What Happened

• Lavie Zmira, a director at Vicor Corporation (VICR), exercised 1,216 option-derived shares (code M) on July 23, 2026, paying $32.89 per share for a total exercise cost of $39,994. The same day those 1,216 shares were sold in an open-market transaction (code S) at $224.72 per share, producing gross proceeds of $273,260. The filing also records a derivative disposition at $0, consistent with conversion/exercise of the derivative instrument.

Key Details

• Transaction date: July 23, 2026
• Exercise: 1,216 shares at $32.89 (total cost $39,994)
• Sale: 1,216 shares at $224.72 (gross proceeds $273,260)
• Derivative conversion: 1,216 units recorded as disposed at $0 (reflects exercise/conversion)
• Shares owned after transaction: not specified in the provided filing data
• Filing date: July 27, 2026; no late-filing flag was noted in the provided information

Context

• This was effectively a cashless exercise: options/derivatives were exercised and the resulting shares were sold the same day, converting option value into cash. Such same-day exercises followed by sales are common and may reflect routine liquidity rather than a view on the company’s prospects.