Vicor (VICR) VP Philip D. Davies Exercises Options and Sells Shares

What Happened
Philip D. Davies, Vice President — Global Sales & Marketing and a director of Vicor Corporation (VICR), exercised 3,073 options at $41.61 per share (total exercise cost $127,868) on Sept. 1, 2026. On the same day he sold 3,073 common shares in several open‑market transactions for aggregate proceeds of roughly $546,084. The sales were executed under a Rule 10b5‑1 trading plan.

Key Details

• Transaction date: September 1, 2026; Form filed September 3, 2026.
• Exercise: 3,073 shares acquired at $41.61 each → $127,868 cost.
• Sales (total 3,073 shares, proceeds ≈ $546,084) broken out as reported:
  • 1,173 shares at a weighted avg $176.59 (proceeds ≈ $207,143) — prices ranged $176.00–$176.99 (F2)
  • 1,100 shares at a weighted avg $177.63 (proceeds ≈ $195,394) — prices ranged $177.30–$177.88 (F3)
  • 700 shares at a weighted avg $178.66 (proceeds ≈ $125,062) — prices ranged $178.43–$179.04 (F4)
  • 100 shares at $184.85 (proceeds $18,485) — single price reported (F5)
• A related derivative disposition of 3,073 shares is listed at $0 (reported as code M); this entry is tied to the option exercise and the subsequent share sale.
• Sale was effected pursuant to a Rule 10b5‑1 trading plan adopted Nov. 21, 2025 (F1).
• Shares owned after the transactions are not specified in the summary provided here.

Context

• This sequence is common where an insider exercises options and immediately sells the resulting shares (a cashless-like outcome). The exercise itself is an acquisition event, but because the shares were sold the transaction does not represent a buy/hold signal.
• Footnotes note weighted‑average sale prices and the existence of a 10b5‑1 plan; the plan means the trades were pre‑arranged and may have been set up to avoid trading on nonpublic information.