Davies Philip D 4
4 · VICOR CORP · Filed Jul 6, 2026
Research Summary
AI-generated summary of this filing
VICOR Director Philip Davies Exercises Options and Sells 3,073 Shares
What Happened
- Philip D. Davies, Corporate VP — Global Sales & Marketing and a director of VICOR Corp (VICR), exercised 3,073 stock options on July 1, 2026 and immediately sold the resulting 3,073 shares in multiple open‑market transactions the same day.
- He paid $102,419 to exercise the options (679 shares @ $41.61 = $28,253; 2,394 shares @ $30.98 = $74,166) and realized total gross proceeds of $1,096,968 from the share sales — a difference of roughly $994,549 before taxes and fees. The exercise/conversion entries are recorded as derivative transactions (code M) and the sales as open-market disposals (code S).
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 6, 2026.
- Options exercised: 679 @ $41.61 and 2,394 @ $30.98 (total 3,073 shares); total exercise cost $102,419.
- Shares sold: 3,073 shares in multiple trades at prices ranging approximately from $348.43 to $366.68; total proceeds $1,096,968 (per line-item amounts).
- Footnotes: At least some sales were effected under a Rule 10b5‑1 trading plan adopted Nov 21, 2025 (F1). Several sale lines report weighted-average prices with specified price ranges (F2–F12). Option grants referenced include awards from May 2, 2023 (vesting over five years; F13) and Sept 6, 2019 (vesting over five years; F15); options expire two years from each vest date (F14).
- Shares owned after transaction: not disclosed in the provided filing excerpt.
Context
- This is a same‑day exercise-and-sell (effectively a cashless exercise): Davies exercised vested options and sold all shares received that day. Such transactions are commonly used to realize gains on vested options; sales executed under a 10b5‑1 plan can be pre‑scheduled and are generally considered routine rather than an indicator of new private information.
- The Form 4 shows the mechanics (exercise = derivative conversion, followed by open‑market sales) and provides the exercise and sale price details so investors can see the magnitude of the insider’s proceeds.
Insider Transaction Report
Form 4
VICOR CORPVICR
Davies Philip D
DirectorCorp. VP-Global Sales & Mktg.
Transactions
- Exercise/Conversion
Common Stock
2026-07-01$41.61/sh+679$28,253→ 2,599 total - Exercise/Conversion
Common Stock
2026-07-01$30.98/sh+2,394$74,166→ 4,993 total - Sale
Common Stock
[F1][F2]2026-07-01$348.84/sh−173$60,348→ 4,820 total - Sale
Common Stock
[F1][F3]2026-07-01$349.52/sh−200$69,904→ 4,620 total - Sale
Common Stock
[F1][F4]2026-07-01$352.45/sh−300$105,735→ 4,320 total - Sale
Common Stock
[F1][F5]2026-07-01$353.31/sh−300$105,994→ 4,020 total - Sale
Common Stock
[F1][F6]2026-07-01$354.76/sh−400$141,903→ 3,620 total - Sale
Common Stock
[F1][F7]2026-07-01$357.62/sh−400$143,048→ 3,220 total - Sale
Common Stock
[F1][F8]2026-07-01$358.62/sh−300$107,587→ 2,920 total - Sale
Common Stock
[F1][F9]2026-07-01$359.82/sh−230$82,759→ 2,690 total - Sale
Common Stock
[F1][F10]2026-07-01$361.95/sh−470$170,119→ 2,220 total - Sale
Common Stock
[F1][F11]2026-07-01$364.51/sh−200$72,903→ 2,020 total - Sale
Common Stock
[F1][F12]2026-07-01$366.68/sh−100$36,668→ 1,920 total - Exercise/Conversion
Non Qualified Stock Option
[F13][F14]2026-07-01−679→ 14,679 totalExercise: $41.61→ Common Stock (679 underlying) - Exercise/Conversion
Non Qualified Stock Option
[F15]2026-07-01−2,394→ 0 totalExercise: $30.98Exp: 2029-09-06→ Common Stock (2,394 underlying)
Footnotes (15)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 21, 2025.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.5000 to $362.3000.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.3400 to $364.6900
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.6800 to $366.6800
- [F13]Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on May 2, 2023 and vest over a five year period.
- [F14]Options expire two years from each vest date.
- [F15]Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on September 6, 2019 and vest over a five year period.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $348.4300 to $349.3900.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $349.4900 to $349.5500.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.2000 to $352.7300.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.2200 to $353.3600.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.4800 to $355.3300.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.2200 to $357.9800.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.4300 to $358.7400.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.4500 to $360.3000.
Signature
/s/Quentin A. Fendelet Attorney in Fact for Philip D. Davies|2026-07-06