Alexander KarpAlexander Karp earned $1B in 2024

In 2023, Dr. Steven Sharp earned $8.53M in total compensation at Power Integrations, including $706.25K salary, $1.50K bonus and $7.81M in stock. Most recently sold 4,717 shares in Nov 2021. Currently holds stock worth $1.33M. Has donated $2.11M in stock to charitable causes. Led Power Integrations as CEO for 2 years.

Compensation History

Annual executive compensation data for Dr. Steven Sharp, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$8.53M

Salary

$706.25K

Bonus

$1.50K

Other

$14.07K

Salary

$706.25K

Board Justification

Power Integrations aims to attract and retain qualified executive management by establishing competitive compensation levels that align with company performance and stockholder interests.

Bonus

$1.50K

Board Justification

The bonus for Dr. Sharp in 2023 was awarded for work on an individual patent that was assigned to Power Integrations.

Other Compensation

$14.07K

Board Justification

Includes 401(k) plan contribution match and life insurance premiums as well as vacation cash-out which all employees have the option to participate in after one full year of service.

Restricted Stock

$7.81M90.85K RSU

Board Justification

The number of shares acquired upon vesting of RSUs, PSUs, and PRSUs during fiscal 2023.

Performance Metrics

The performance metrics for determining the compensation of Dr. Sharp in 2023 included net revenue, non-GAAP operating income, and strategic goals.

P

Dr. Steven Sharp

Ex-CEO of Power Integrations

Education

Ph.D. in Electrical Engineering from MIT; B.S. in Electrical Engineering from the University of California, Berkeley.

Field of Expertise

Technology & Engineering - Engineering

Sector of Economy

Technology

Born

May 12, 1973 - 52 years ago

CEO of Power Integrations for

2 years 0 months (Jul 2023 - Jul 2025)

Previous Experience

Various executive roles at semiconductor companies; served as Vice President of Operations at a leading tech firm.

Holdings

Track Dr. Steven Sharp's stock holdings and portfolio value over time.

Total Stock Sold

$8.45M

POWI

$8.45M

199,915 POWI shares

What if they kept their stock?

If Dr. Steven Sharp didn't sell their stock, today they would have:
Extra POWI199,915 shares worth $7.44M.
This is -11.85% and $1.00M less than what they got when they sold the stock.

Charitable Transactions

POWI

56,668 shares

POWI

Recent Charitable Transactions

POWI

16,668 shares

POWI

Nov 24, 2020

Charity

POWI

20,000 shares

POWI

Dec 31, 2012

Charity

Insider Trading

Dr. Steven Sharp's recent stock transactions, purchases, and sales filed with the SEC.

POWI

$499.96K

POWI at $105.99/share

Nov 17, 2021

Sale

POWI

$531.34K

POWI at $109.37/share

Aug 30, 2021

Sale

POWI

1,453 shares

POWI

Jul 1, 2021

Received

POWI

$2.00M

POWI at $70.49/share

Nov 24, 2020

Sale

POWI

16,668 shares

POWI

Nov 24, 2020

Charity

POWI

1,035 shares

POWI

Jul 1, 2020

Received

POWI

$1.09M

POWI at $109.43/share

May 27, 2020

Sale

POWI

$864.17K

POWI at $108.02/share

May 12, 2020

Sale

POWI

1,500 shares

POWI

Jul 1, 2019

Received

POWI

$237.84K

POWI at $79.28/share

May 1, 2019

Sale

Rivals

Compare Dr. Steven Sharp with competitor CEOs and industry peers.