Doyle Alvaro 4

What Happened

• Alvaro Doyle, Vice President and Chief Investment Officer of Vicor Corp (VICR), exercised stock options and immediately sold the resulting shares on 2026-05-12. He exercised a total of 4,041 shares (1,575 at $50.00 and 2,466 at $41.61) costing $181,360 in aggregate, and sold those 4,041 shares in open-market transactions at $286.91 each for total gross proceeds of $1,159,405. The filings also show two derivative "disposed" entries at $0.00 for the same share counts (see Key Details).

Key Details

• Transaction date: 2026-05-12 (report filed 2026-05-13 — appears timely).
• Exercises: 1,575 shares @ $50.00 = $78,750; 2,466 shares @ $41.61 = $102,610 (total exercised = 4,041; total exercise cost ≈ $181,360).
• Sales: 1,575 shares @ $286.91 = $451,884; 2,466 shares @ $286.91 = $707,521 (total sale proceeds ≈ $1,159,405).
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnotes: Two derivative "Disposed" entries showing 1,575 and 2,466 shares at $0.00 are included in the filing; the form does not specify the reason (commonly these reflect withholding, surrender, or conversion mechanics).
• Transaction codes: M = exercise/conversion of derivative; S = sale (open market). No 10b5-1 plan or other plan mention was provided in the supplied data.

Context

• This was an exercise-and-sell (cashless exercise) pattern: options were exercised and the resulting shares were sold the same day. Such transactions often reflect routine option-exercise and liquidity needs or tax/vesting mechanics rather than an explicit market signal. The filing appears timely (reported the next day).