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Power Integrations(POWI.US) Officer Sells US$672.29K in Common Stock

moomoo News ·  Apr 3 20:37

$Power Integrations (POWI.US)$ Officer BALAKRISHNAN BALU sold 9,799 shares of Common Stock on Apr 2, 2024 at an average price of $68.6076 for a total value of $672.29K.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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