GENDRON ROBERT 4
Research Summary
AI-generated summary
Vicor (VICR) VP Marketing Robert Gendron Exercises Options, Sells Shares
What Happened
Robert Gendron, Vice President — Marketing at Vicor (VICR), exercised multiple stock option tranches and immediately sold the resulting 4,571 shares in the open market on May 26, 2026. The shares were sold at $330.00 each for total gross proceeds of $1,508,430. The combined exercise (strike) cost for the options was $207,311. The filing shows corresponding derivative dispositions (options converted) at $0.00, which reflect the option exercises.
Key Details
- Transaction date: May 26, 2026; Form filed May 27, 2026 (appears timely).
- Option exercises (shares acquired at strike prices):
- 577 shares @ $60.61 = $34,972
- 794 shares @ $41.61 = $33,038
- 480 shares @ $75.43 = $36,206
- 1,184 shares @ $33.96 = $40,209
- 817 shares @ $32.97 = $26,936
- 719 shares @ $50.00 = $35,950
- Aggregate exercise cost: $207,311
- Open-market sales (same day): 4,571 shares @ $330.00 = $1,508,430 total proceeds.
- Net proceeds before taxes/fees (proceeds minus exercise cost): approximately $1,301,119.
- Footnote: Options expire two years from each vesting date (F1).
- Shares owned after the transaction: not specified in the provided filing details.
Context
This is a common pattern where an executive exercises vested options and sells the resulting shares the same day (a cashless or simultaneous exercise-and-sell). Such transactions often reflect option monetization and routine portfolio/compensation management rather than a straightforward buy/sell signal about the company. No 10% owner status or 10b5-1 plan was indicated in the supplied details.