Fendelet Quentin A. 4

What Happened
Quentin A. Fendelet, Corporate Vice President and Chief Accounting Officer of Vicor Corp (VICR), exercised stock options and sold shares on Feb 23, 2026. The filing shows he exercised options to acquire 2,000 shares at $48.38 per share (total cost $96,760) and immediately sold 2,000 shares in the open market at $177.72 per share for proceeds of $355,440. The filing also records a separate 2,000-share derivative disposition at $0.00, which is commonly associated with share surrender or withholding related to an option exercise.

Key Details

• Transaction date: 2026-02-23; Form 4 filed 2026-02-24 (timely filing).
• Exercise: 2,000 shares acquired at $48.38 each (total $96,760).
• Sale: 2,000 shares sold on the open market at $177.72 each (proceeds $355,440).
• Derivative disposition: 2,000 shares shown disposed at $0.00 (filing shows this; often reflects shares withheld for taxes or net settlement).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No 10b5-1 or late-filing notation provided in the excerpt.

Context
This sequence—exercising options and immediately selling some or all resulting shares—is commonly a cashless exercise and sale to realize gains and/or cover exercise costs and taxes. The separate 0.00-dollar disposition line in the filing typically indicates shares were surrendered or withheld (e.g., for taxes) rather than sold on market, but the filing excerpt does not provide further detail. Sales by executives can be routine (to cover taxes or diversify) and are not by themselves proof of company outlook.