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Insider Trading Arrangements | 3 Months Ended
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Mar. 31, 2026 shares
Trading Arrangements, by Individual |
Material Terms of Trading Arrangement | Except as set forth below, during the three months ended March 31, 2026, no director or Section 16 officer of the Company adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. On February 26, 2026, Patrizio Vinciarelli, Chairman of the Board, President and Chief Executive Office r of the Company, adopted a Rule 10b5-1 trading arrangement providing for the sale, pursuant to the terms of the arrangement, of an aggregate of up to 1,000,000 shares of the Company’s common stock in tranches of 10,000 shares at $2 price increments ranging from $202 to $400 per share. The number of shares that can be sold in one day is capped at 20,000. Mr. Vinciarelli’s trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c). The duration of Mr. Vinciarelli’s trading arrangement is estimated to be from May 28, 2026 until December 31, 2028.
Rule 10b5-1 Arrangement Adopted | false
Non-Rule 10b5-1 Arrangement Adopted | false
Rule 10b5-1 Arrangement Terminated | false
Non-Rule 10b5-1 Arrangement Terminated | false
Patrizio Vinciarelli [Member] |
Trading Arrangements, by Individual |
Name | Patrizio Vinciarelli
Title | Chairman of the Board, President and Chief Executive Office
Rule 10b5-1 Arrangement Adopted | true
Adoption Date | February 26, 2026
Arrangement Duration | 949 days
Aggregate Available | 1,000,000

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