D'Amico Andrew 4

What Happened

• Andrew D'Amico, a director of Vicor Corp (VICR), exercised stock options and immediately sold the resulting shares. He exercised a total of 531 shares (200 on 2026-06-25 and 331 on 2026-06-26), paying strikes of $100.00 and $60.37 respectively, for total exercise costs of $39,982. He sold those shares in open-market transactions for total proceeds of $173,128. After exercise costs, the transactions generated roughly $133,146 in proceeds before taxes and fees.
• The filing also shows corresponding derivative disposals at $0, which reflect the conversion/surrender of the underlying derivative instruments upon exercise.

Key Details

• Transaction dates and prices:
  • 2026-06-25: Exercised 200 options at $100.00 ($20,000); sold 200 shares at $336.82 for $67,364.
  • 2026-06-26: Exercised 331 options at $60.37 ($19,982); sold 331 shares at $319.53 for $105,764.
• Total exercised: 531 shares; total sale proceeds: $173,128; total exercise cost: $39,982; approximate net proceeds: $133,146.
• Shares owned after transaction: Not specified in the provided data.
• Footnote: At least one sale was effected pursuant to a Rule 10b5-1 trading plan adopted by D'Amico on September 12, 2024.
• Filing timeliness: Report filed 2026-06-29 for transactions on 2026-06-25 and 2026-06-26 — appears to be filed within standard Form 4 timing requirements.

Context

• These were option exercises followed by immediate open-market sales (a common "cashless" pattern where exercised shares are sold to cover exercise cost and taxes). Such transactions typically reflect routine liquidity by the insider rather than a clear signal of company outlook.
• The presence of a 10b5-1 plan indicates the sales were pre-planned and executed according to a predetermined schedule, which can limit interpretation of the sales as opportunistic.