Fendelet Quentin A. 4
4 · VICOR CORP · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Vicor (VICR) Corp. VP Quentin Fendelet Exercises Options, Sells Shares
What Happened
Quentin A. Fendelet, Corporate Vice President and Chief Accounting Officer of Vicor Corp. (VICR), exercised stock options to acquire 2,000 shares at $71.74 each (cost $143,480) on March 2, 2026. On the same date he sold a total of 2,299 shares in open-market transactions (2,000 shares and 299 shares) at $204.72 each, generating proceeds of $409,442 and $61,212 respectively (total sales $470,654). The filing also reports a separate exercise/conversion entry for 2,000 shares at $0.00 (listed as a derivative disposition).
Key Details
- Transaction date: 2026-03-02; filing date: 2026-03-03 (timely filing).
- Option exercise (code M): 2,000 shares acquired at $71.74 = $143,480.
- Open-market sales (code S): 2,000 shares @ $204.72 = $409,442; 299 shares @ $204.72 = $61,212 (total sales $470,654).
- Derivative entry: 2,000 shares recorded as disposed at $0.00 (code M) in the same filing.
- Shares owned after the transactions: not specified in the provided data.
- No footnotes (e.g., 10b5-1, tax withholding details) were provided in the supplied summary.
Context
The sequence—exercising options and selling shares the same day—often reflects an immediate sale of exercised shares (cashless exercise or same-day disposition). The separate 2,000-share derivative line at $0.00 is recorded with zero proceeds in the filing; such entries can reflect net share settlement or withholding but the filing supplied here does not include explanatory footnotes. All information above is factual from the Form 4 filing; it does not attempt to infer the insider’s motivations.
Insider Transaction Report
- Sale
Common Stock
2026-03-02$204.72/sh−299$61,212→ 0 total - Exercise/Conversion
Common Stock
2026-03-02$71.74/sh+2,000$143,480→ 2,000 total - Sale
Common Stock
2026-03-02$204.72/sh−2,000$409,442→ 0 total - Exercise/Conversion
Non Qualified Stock Option
2026-03-02−2,000→ 2,000 totalExercise: $71.74From: 2026-03-01Exp: 2032-03-01→ Common Stock (2,000 underlying)