Schmidt James F 4

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.