Power Integrations Inc. (POWI) reported an insider ownership change involving Jennifer A. Lloyd on July 22, 2026, according to a Form 4 filed July 27, 2026. The reported transaction involved the company’s common stock and covered the sale of 5,640 shares at a price of $73.73 per share, for an aggregate value of approximately $415,837. The filing explains that the sale was tied to the vesting and settlement of restricted stock units, or RSUs. Specifically, the shares were sold to satisfy tax withholding obligations arising from the RSU vesting event. The explanatory note states that the sale was executed through a “sell to cover” transaction, meaning shares were automatically sold to generate cash needed for required tax withholding. Importantly, the filing says the transaction did not represent a discretionary sale by Lloyd. In other words, the sale was not described as an open-market decision to reduce exposure to Power Integrations stock, but rather as a tax-related sale connected to equity compensation vesting. The provided filing text does not specify Lloyd’s remaining beneficial ownership after the transaction, nor does it list additional option, derivative security, or vesting schedule details beyond the RSU-related explanation. The key takeaway is that the reported ownership change reflects a non-discretionary tax-withholding sale of Power Integrations common shares following RSU vesting, rather than a voluntary insider sale.