secwatch.observer — SEC 8-K summary
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Issuer:     POWER INTEGRATIONS INC (POWI)
CIK:        0000833640
Form:       8-K
Filed at:   2025-11-18T23:59:59+00:00
Accession:  0000833640-25-000199
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Power Integrations names Nancy Erba as CFO, effective Jan. 5, 2026
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- Nancy Erba appointed CFO effective Jan 5, 2026; previously CFO at Infinera and Immersion.
- Interim CFO Robert Eric Verity returns to Senior Director of Finance upon Erba's start.
- Erba receives $500k base salary, $3M RSUs (4-yr vest), $2M PRSUs, and $425k PSUs for 2026.
- Board adopted 2025 Inducement Award Plan reserving 350,000 shares for equity grants to new hires.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/833640/000083364025000199/0000833640-25-000199-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/833640/000083364025000199/powi-20251114x8k.htm
  HTML page:      https://secwatch.observer/filing/0000833640-25-000199

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer