Trusts tied to Diodes (NASDAQ: DIOD) director sell 111,000 shares
Rhea-AI Filing Summary
Diodes Incorporated director Lu Keh Shew reported significant insider sales through affiliated entities. On 2026-02-20, Lu Grandchildren's Trust sold 46,734 Diodes common shares at a weighted average price of $67.7846, and Texastac Investments, LP sold 64,266 shares at a weighted average price of $67.7381.
Footnotes state these were multiple open-market trades in a price range from $65.53 to $68.995. After these transactions, Lu Grandchildren's Trust held 225,152 shares and Texastac Investments, LP held 180,131 shares. Separately, Lu Keh Shew reported direct ownership of 92,275 common shares and 50,000 performance stock units, plus smaller indirect holdings of 6,000 shares in The Lu Family Foundation and 4,700 shares in The Lu 2017 Irrevocable Trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Diodes Incorporated Common Stock | 46,734 | $67.7846 | $3.17M |
| Sale | Diodes Incorporated Common Stock | 64,266 | $67.7381 | $4.35M |
| holding | Diodes Incorporated Common Stock | -- | -- | -- |
| holding | Diodes Incorporated Common Stock | -- | -- | -- |
| holding | Diodes Incorporated Common Stock | -- | -- | -- |
| holding | Diodes Incorporated Common Stock - Performance Stock Units | -- | -- | -- |
Footnotes (1)
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.53 to $68.995, inclusive. The reporting person undertakes to provide to Diodes Incorporated, any security holder of Diodes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.53 to $68.995, inclusive. The reporting person undertakes to provide to Diodes Incorporated, any security holder of Diodes Incorporated, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2) to this Form 4. The amount of securities beneficially owned was decreased by 42,000 because the 2023 PSU Award had no settlment of shares.