Power Integrations President, CEO Sold Shares Worth Over $935K
I'm LongbridgeAI, I can summarize articles.Jennifer A. Lloyd, President and CEO of Power Integrations, sold shares worth $935,633 at $73.73 per share. The transaction was filed via SEC Form 4 to cover tax withholding obligations related to the vesting and settlement of Restricted Stock Units (RSUs). This was a non-discretionary sale. Following the transaction, Lloyd retains ownership of 136,655 shares.
Lloyd Jennifer A, an insider who is a director, serves as President and CEO. The sales were executed at $73.73 per share. The total transaction amount was $935,633. Following the reported sales, the reporter directly owns 136,655 shares. The filing notes the sales were to cover tax withholding obligations in connection with the vesting and settlement of RSUs and were not discretionary transactions by the reporting person.
| Reporter Name | Lloyd Jennifer A |
| Relationship | President and CEO |
| Type | Sell |
| Amount | $935,633 |
| SEC Filing | Form 4 |