Vicor (VICR) VP Philip Davies Exercises Options, Sells 3,072 Shares

What Happened
Philip D. Davies, Vicor Corp. Vice President – Global Sales & Marketing and a company director, exercised 3,072 stock options at $41.61 per share (total exercise cost $127,826) on August 3, 2026 and immediately sold all 3,072 resulting shares in multiple open-market trades. The sales occurred at prices ranging roughly from $200.05 to $216.04, producing total gross proceeds of approximately $650,308. Net proceeds (gross sales minus exercise cost) were about $522,482 (before commissions and taxes).

Key Details

• Transaction date: August 3, 2026; Form 4 filed August 5, 2026 (timely filing).
• Exercise: 3,072 shares acquired at $41.61 each = $127,826. (Options granted May 2, 2023 under the company’s Amended and Restated 2000 Stock Option and Incentive Plan; vest over 5 years; options expire two years from each vest date.)
• Sales: 3,072 shares sold in multiple trades; weighted/individual prices reported between $200.05 and $216.04; total proceeds ≈ $650,308. (Several sales report weighted-average prices and price ranges per footnotes.)
• One or more sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
• A reported derivative disposition of 3,072 shares at $0 accompanies the exercise (this reflects conversion/cancellation related to the option exercise).
• Shares owned after the transaction are not provided in the supplied data.

Context
Because Davies exercised options and sold the same number of shares immediately, this is effectively a cashless exercise (exercise followed by immediate sale). Such transactions commonly fund the exercise price and tax withholding and are routine for option holders; they do not, by themselves, indicate the insider’s long-term view of the company.