Power Integrations CEO Sells $936K in Stock Amid Tax Obligations
Jennifer A. Lloyd, President and CEO of Power Integrations (NASDAQ: POWI), sold 12,690 shares worth approximately $936,000 on July 22, 2026, as disclosed via an SEC Form 4 filing. The transaction was a non-discretionary 'sell to cover' event aimed at funding tax obligations from the vesting of equity awards and does not reflect any negative sentiment about the company's stock or future performance. Lloyd still holds over 136,000 shares directly, representing a 0.25% ownership stake in Power Integrations. The firm reported trailing twelve-month revenue of $446.3 million with net income of $16.6 million and has delivered a one-year total return of 34%. Investors are advised that such transactions often occur automatically due to tax requirements, rather than signaling insider pessimism. The company specializes in high-voltage power conversion solutions for industrial, consumer electronics, telecommunications, and renewable energy sectors. It maintains proprietary analog design expertise and has shown strong market performance.
Tickers: $POWI