secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2025-09-22T23:59:59+00:00
Accession:  0000833640-25-000174
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations CFO Sandeep Nayyar resigns; Eric Verity named interim CFO; Q3 outlook reaffirmed
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- CFO Sandeep Nayyar resigns effective Oct 4, 2025, after 15 years; not due to any disagreement with the company.
- Eric Verity, Senior Director of Finance, appointed interim CFO and principal accounting officer.
- Verity's annual base salary is $351,822; he received 2025 PSU and RSU awards totaling ~$144,574 in grant-date fair value.
- Company reaffirms Q3 2025 financial outlook provided on August 6, 2025.
- CEO Jennifer Lloyd thanked Nayyar for his stewardship; search for a permanent CFO is underway.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000083364025000174/0000833640-25-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000083364025000174/powi-20250916x8k.htm
  HTML page:      https://secwatch.observer/filing/0000833640-25-000174

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