D'Amico Andrew 4

What Happened
Andrew D'Amico, a director at Vicor Corp (VICR), exercised 504 option shares on 2026-05-26 at a strike price of $50.00 (cost $25,200) and sold the 504 resulting shares in multiple open-market trades the same day. The sales were executed in four blocks (75, 75, 303, and 51 shares) for aggregate gross proceeds of $162,562. The Form 4 also shows a derivative disposition line for 504 shares at $0, which reflects surrender/offset related to the option exercise.

Key Details

• Transaction date: 2026-05-26.
• Option exercise: 504 shares acquired at $50.00 each, total $25,200.
• Open-market sales (total 504 shares) — gross proceeds $162,562, broken down as:
  • 75 shares @ weighted avg $320.08 (range $320.00–$320.12) — $24,006 (F1)
  • 75 shares @ weighted avg $321.51 (single price) — $24,113 (F2)
  • 303 shares @ weighted avg $323.11 (range $323.00–$323.37) — $97,901 (F3)
  • 51 shares @ weighted avg $324.36 (range $324.21–$324.50) — $16,542 (F4)
• Net proceeds vs. exercise cost (simple difference): gross sales $162,562 less exercise cost $25,200 = $137,362 (informational math, not a trading recommendation).
• The Form 4 shows a separate derivative disposition of 504 shares at $0 tied to the exercise (typical bookkeeping when options are converted/surrendered).
• Footnote: options expire two years from each date of vesting (F5).
• Shares owned after the transactions: not specified in the provided filing excerpt.

Context

• This was an option exercise combined with same-day sales (a common "cashless exercise" or sell-to-cover pattern). Such transactions often reflect an insider exercising vested options and selling shares to cover the exercise/tax costs rather than an open-market directional bet.
• The filing shows weighted-average sale prices and price ranges for transparency. No indication in the provided data that the Form 4 was filed late.

For retail investors: this is a routine insider exercise and sale of vested options rather than a clear bullish purchase signal.