OTHER INFORMATION
+Added: Departure of Certain Officers
+Added: On August 3, 2025, Radu Barsan, the Company’s Vice President, Technology, informed the Company of his intention to retire from employment with the Company on or about September 24, 2025.
Rule 10b5-1 Trading Plans
−Removed: During the three months ended March 31, 2025, none of our directors or executive officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or any “non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K.
+Added: During the three months ended June 30, 2025, none of our directors or executive officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated any contract, instruction or written plan for the purchase or sale of our securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act or any “non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K.
Incorporation by Reference
1 unchanged sentence
Exhibit/Other Reference
−Removed: Restated Certificate of Incorporation
+Added: Amended and Restated Certificate of Incorporation
Amended and Restated Bylaws
−Removed: Amendment to the Amended and Restated Chief Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Balu Balakrishnan
−Removed: Amendment to the Amended and Restated Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Sandeep Nayyar
−Removed: Amendment to the Amended and Restated Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Doug Bailey
−Removed: Amendment to the Amended and Restated Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Radu Barsan
−Removed: Amendment to the Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Sunil Gupta
−Removed: Amendment to the Amended and Restated Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Clifford Walker
−Removed: Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Vikram Balakrishnan
−Removed: Executive Officer Benefits Agreement, dated as of January 28, 2025, between Power Integrations, Inc.
−Removed: and Roland Saint Pierre
−Removed: Amendment Number Fourteen to the Amended and Restated Wafer Supply Agreement between Power Integrations Ltd.
+Added: Power Integrations, Inc.
+Added: Amended and Restated 2016 Incentive Award Plan
+Added: Cash Compensation of Outside Directors
+Added: Directors Equity Compensation Program
+Added: Amendment Number Fifteen to the Amended and Restated Wafer Supply Agreement between Power Integrations Ltd.
Power Integrations International, Ltd.
And Lapis Semiconductor Co., Ltd.
−Removed: (formerly OKI Semiconductor Co., Ltd.), effective as of September 16, 2024
−Removed: Amendment Number Thirteen to Wafer Supply Agreement, between Power Integrations International Ltd.
−Removed: and Seiko Epson Corporation
−Removed: Incorporation by Reference
−Removed: Exhibit Description
−Removed: Exhibit/Other Reference
+Added: (formerly OKI Semiconductor Co., Ltd.), effective as of June 23, 2025
+Added: Employment Agreement, dated as of July 11, 2025, between Power Integrations, Inc.
+Added: and Jennifer A.
+Added: Chief Executive Officer Benefits Agreement, dated as of July 21, 2025, between Power Integrations, Inc.
+Added: and Jennifer A.
+Added: Transition Agreement, dated as of July 11, 2025, between Power Integrations, Inc.
+Added: and Balu Balakrishnan
+Added: Consulting Agreement, dated as of July 11, 2025, between Power Integrations, Inc.
+Added: and Balu Balakrishnan
Certification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
3 unchanged sentences
XBRL Instance Document - The instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
+Added: Incorporation by Reference
+Added: Exhibit Description
+Added: Exhibit/Other Reference
Inline XBRL Taxonomy Extension Schema Document
7 unchanged sentences
treats as private or confidential.
+Added: Indicates a management contract or compensatory plan or arrangement.
The certifications attached as Exhibits 32.1 and 32.2 accompanying this Quarterly Report on Form 10-Q, are not deemed filed with the SEC, and are not to be incorporated by reference into any filing of Power Integrations, Inc.
2 unchanged sentences
POWER INTEGRATIONS, INC.
+Added: August 6, 2025
/s/ S ANDEEP N AYYAR
3 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.