CRILLY SEAN 4

What Happened
Sean Crilly, Corporate VP – Engineering, Power Systems at Vicor (VICR), exercised a total of 1,640 stock options on March 5, 2026 and immediately sold the resulting shares in the open market the same day. He exercised: 300 shares at $75.43, 786 shares at $41.61, and 554 shares at $60.61 (total exercise cost $88,912). He then sold those 1,640 shares at $180.32 each for total proceeds of $295,732, for net proceeds of approximately $206,820. The filing also shows matching derivative entries at $0.00 reflecting cancellation/conversion of the options upon exercise.

Key Details

• Transaction date: March 5, 2026 (filing dated March 6, 2026).
• Exercises: 300 @ $75.43 ($22,629); 786 @ $41.61 ($32,705); 554 @ $60.61 ($33,578). Total exercise cost: $88,912.
• Open-market sales: 300 @ $180.32 ($54,097); 786 @ $180.32 ($141,735); 554 @ $180.32 ($99,900). Total sales proceeds: $295,732.
• Net cash from these transactions: ~ $206,820 (sales minus exercise cost).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnote: Options expire two years from each vesting date (F1).
• Filing timeliness: filed on March 6, 2026 (one day after the transactions); the filing does not indicate a late-report flag in the provided data.

Context
Because Crilly exercised options and sold the same shares on the same day, this appears to be a cashless monetization of vested options (exercise followed by immediate open-market sale). Such transactions are common ways for insiders to realize gains from vested equity and are not, by themselves, a clear signal of company outlook. This summary is factual and does not speculate on motivations.