• Power Integrations granted inducement equity awards on May 15, 2026, including 32,768 RSUs, 3,245 PSUs, and 21,845 long term performance stock units at target to Michael Balow, its new senior vice president of worldwide sales.
• Additional inducement awards to other recent hires totaled 8,931 RSUs and 1,254 PSUs at target.
• RSUs vest in four equal annual installments from the grant date.
• PSUs vest based on 2026 performance metrics, with payouts up to 200% of target, subject to continued service through Dec. 31.
• Long term performance stock units vest based on 2028 performance metrics, with payouts up to 200% of target, subject to continued service through Dec. 31.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Power Integrations Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605201730BIZWIRE_USPR_____20260520_BW939489) on May 20, 2026, and is solely responsible for the information contained therein.