Schmidt James F 4
4 · VICOR CORP · Filed Jun 29, 2026
Research Summary
AI-generated summary of this filing
Vicor CFO James F. Schmidt Exercises Options, Sells Shares
What Happened
James F. Schmidt, Chief Financial Officer (also Treasurer, Secretary and Director) of Vicor Corp (VICR), exercised 1,000 stock options on June 25, 2026 at $100.00 per share (outlay $100,000) and sold 1,000 shares in multiple open-market transactions the same day for aggregate proceeds of approximately $331,684. The filing also reports a separate derivative conversion/disposition of 1,000 shares shown with $0 proceeds. The exercised options were granted June 25, 2021 and vest over a five‑year period (footnote F11).
Key Details
- Transaction date: June 25, 2026; Form 4 filed June 29, 2026 (filed within the 2-business-day deadline).
- Exercise: 1,000 shares @ $100.00 = $100,000 (code M).
- Open‑market sales: nine block sales totaling 1,000 shares, weighted prices reported for each block (examples: $327.19, $328.53, $330.02, $330.99, $331.84, $333.22, $334.86, $338.09, $342.51) — total proceeds ≈ $331,684.
- Derivative disposition: 1,000 shares reported as disposed at $0 (listed as a derivative transaction).
- Notable footnotes: some sales were effected under a Rule 10b5‑1 trading plan adopted Dec 10, 2025 (F1); option grant and vesting info (F11); several prices shown as weighted averages with ranges (F2–F10).
- Shares owned after transaction: not specified in the supplied filing details.
Context
Schmidt exercised vested options (granted 2021) and appears to have sold an equal number of shares the same day, which is commonly a cashless exercise pattern (exercise + immediate sale). Several sales were preplanned under a 10b5‑1 plan, which can indicate pre-set disposition instructions rather than discretionary trading. The filing was timely.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-06-25$100.00/sh+1,000$100,000→ 1,000 total - Sale
Common Stock
[F1][F2]2026-06-25$327.19/sh−150$49,078→ 850 total - Sale
Common Stock
[F1][F3]2026-06-25$328.53/sh−200$65,706→ 650 total - Sale
Common Stock
[F1][F4]2026-06-25$330.02/sh−79$26,072→ 571 total - Sale
Common Stock
[F1][F5]2026-06-25$330.99/sh−110$36,409→ 461 total - Sale
Common Stock
[F1][F6]2026-06-25$331.84/sh−50$16,592→ 411 total - Sale
Common Stock
[F1][F7]2026-06-25$333.22/sh−211$70,310→ 200 total - Sale
Common Stock
[F1][F8]2026-06-25$334.86/sh−100$33,486→ 100 total - Sale
Common Stock
[F1][F9]2026-06-25$338.09/sh−50$16,905→ 50 total - Sale
Common Stock
[F1][F10]2026-06-25$342.51/sh−50$17,126→ 0 total - Exercise/Conversion
Non Qualified Stock Option
[F11]2026-06-25−1,000→ 0 totalExercise: $100.00Exp: 2031-06-25→ Common Stock (1,000 underlying)
Footnotes (11)
- [F1]This sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 10, 2025.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $342.5100 to $342.5100.
- [F11]Granted under the Companys Amended and Restated 2000 Stock Option and Incentive Plan on June 25, 2021 and vest over a five year period.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.7200 to $327.4600.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.2700 to $329.2000.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.6800 to $330.6400.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $330.7800 to $331.0700.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $331.840 to $331.8400.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $333.0500 to $333.9000.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $334.5100 to $335.2000.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $338.0900 to $338.0900.