{"url":"https://newsforagent.com/news/2026-10-16/power-integrations-inducement-grants-new-hires","markdown_url":"https://newsforagent.com/news/2026-10-16/power-integrations-inducement-grants-new-hires.md","title":"Power Integrations Grants Inducement Awards to 12 New Hires","headline":"Power Integrations Grants 25,325 RSUs and 1,339 PSUs to 12 Employees Hired in September","description":"Power Integrations granted 25,325 RSUs and 1,339 PSUs to 12 employees hired in September 2026, with RSUs vesting over four years and PSUs tied to 2026 metrics.","section":"Leadership","published_at":"2026-10-16T21:33:42+00:00","modified_at":"2026-10-16T21:33:42+00:00","author":"News Desk","key_takeaways":["Power Integrations granted 25,325 RSUs and 1,339 PSUs at target to 12 employees who began work in September 2026.","One-fourth of the RSUs vest on each of the first four anniversaries of the October 15, 2026 grant date.","The PSUs vest based on 2026 performance metrics, up to a maximum of 200% of the target number, with service through December 31, 2026."],"companies":[{"name":"Power Integrations","is_primary":true,"profile_url":"https://akta.pro/company-profiles/00074zc/power-integrations","website":"https://www.power.com"}],"source":{"publisher":"Business Wire","title":"Power Integrations Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4)","url":"https://www.businesswire.com/news/home/20261016596969/en/"},"other_sources":[],"tags":["Leadership","Power Integrations"],"body_markdown":"[Power Integrations](https://akta.pro/company-profiles/00074zc/power-integrations) granted 25,325 restricted stock units and 1,339 performance stock units at target to 12 employees who began their employment with the company in September 2026, with a grant date of October 15, 2026. The company said the awards were issued under its Amended and Restated 2025 Inducement Award Plan. The announcement was distributed by [Business Wire](https://www.businesswire.com/news/home/20261016596969/en/).\n\n## Power Integrations' Inducement Award Terms\n\nThe company said one-fourth of the RSUs will vest on each of the first four anniversaries of the respective grant dates, subject to the recipient's continued service through each applicable vesting date. The PSUs will vest based upon achievement of the company's performance metrics for 2026, as determined by the Talent and Compensation Committee of the company's Board of Directors, up to a maximum of 200% of the target number of PSUs, subject to continued service through December 31, 2026.\n\nThe inducement grants are subject to the terms and conditions of the applicable RSU and PSU agreements and the Amended and Restated 2025 Inducement Award Plan. The Talent and Compensation Committee approved the grants, as required by Nasdaq Rule 5635(c)(4), and the awards were granted as a material inducement to employment in accordance with that rule.\n\n## Power Integrations' 2026 Workforce Reduction\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Power Integrations announced a 7% global workforce reduction in February 2026, affecting approximately 115 to 120 employees of a roughly 1,650 headcount, with $3.5 million to $4.0 million in severance charges in the first quarter of 2026 amid revenue pressure in consumer markets. The same records list full-year 2025 revenue of $443.5 million, up 6% from $419.0 million in 2024, and first-quarter 2026 revenue of $108.3 million, a 3% year-over-year increase that beat analyst estimates of $106.63 million.\n\n## Power Integrations' Recent Product and Partnership Moves\n\nIn June 2026, Power Integrations co-developed ultra-slim auxiliary power supply reference designs with NVIDIA for the Kyber 800VDC liquid-cooled AI data center blade-rack architecture, based on 1700V InnoMux-2 ICs with PowiGaN technology, targeting supplier decisions expected in 2027, according to the same records. In March 2026, the company launched the TOPSwitchGaN flyback IC family, extending flyback topology to 440W output using PowiGaN technology, with 92% efficiency across the load range and under 50mW standby consumption, priced at $1.00 per unit at 10,000-unit volumes.\n\nOn October 12, 2026, Power Integrations and Ideal Power announced a collaboration to develop a solid-state circuit breaker for 800 VDC AI data centers, combining InnoMux-2 ICs with B-TRAN switches, according to FinancialContent Business Page. On August 12, 2026, Power Integrations rated its PowiGaN gallium nitride technology at 2,200 V, a level the company states exceeds any other commercially available GaN, according to Charged EVs.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}