Littelfuse (LFUS) SVP Deepak Nayar reports 1,476-share tax-withholding dispositions
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Littelfuse SVP Deepak Nayar reported routine share dispositions related to tax withholding. Over several days in late April, Nayar had a total of 1,476 shares of Littelfuse common stock withheld to cover tax liabilities tied to equity awards, rather than selling shares in the open market.
The Form 4 shows 649 and 7 shares disposed on April 24 at $407.14 per share, 423 shares on April 25 at $407.14, and 397 shares on April 27 at $403.02. After these tax-withholding dispositions, Nayar directly held 6,173 common shares. Footnotes explain the prices reflect closing prices on the trading dates of vesting for restricted stock units and dividend equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Nayar Deepak
Role
SVP & GM Electronics Business
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 397 | $403.02 | $160K |
| Tax Withholding | Common Stock | 423 | $407.14 | $172K |
| Tax Withholding | Common Stock | 7 | $407.14 | $3K |
| Tax Withholding | Common Stock | 649 | $407.14 | $264K |
Holdings After Transaction:
Common Stock — 6,173 shares (Direct, null)
Footnotes (1)
- Closing price per share on the trading date of the vesting of dividend equivalent units or on the next preceding trading date if the vesting occurs on a non-trading date. Closing price per share on the trading date of the vesting of restricted stock units or on the next preceding trading date if the vesting occurs on a non-trading date.
Key Figures
Tax-withholding shares: 1,476 shares
Disposition on April 24: 649 shares at $407.14
Additional April 24 disposition: 7 shares at $407.14
+3 more
6 metrics
Tax-withholding shares
1,476 shares
Total F-code tax-withholding dispositions in April
Disposition on April 24
649 shares at $407.14
Tax-withholding disposition of common stock
Additional April 24 disposition
7 shares at $407.14
Tax-withholding disposition of common stock
Disposition on April 25
423 shares at $407.14
Tax-withholding disposition of common stock
Disposition on April 27
397 shares at $403.02
Tax-withholding disposition of common stock
Shares held after transactions
6,173 shares
Direct holdings of common stock following dispositions
Key Terms
tax-withholding disposition, restricted stock units, dividend equivalent units, closing price per share
4 terms
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"vesting of restricted stock units or on the next preceding trading date"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent units financial
"vesting of dividend equivalent units or on the next preceding trading date"
FAQ
What insider transactions did Littelfuse (LFUS) SVP Deepak Nayar report?
Deepak Nayar reported several small tax-withholding dispositions of Littelfuse common stock. In total, 1,476 shares were withheld over three days in April to satisfy tax obligations arising from equity award vesting, rather than sold in open-market trades.
Were the Littelfuse (LFUS) insider transactions open-market sales or tax withholding?
The transactions were tax-withholding dispositions, not open-market sales. Code F and the description confirm shares were delivered to cover tax liabilities associated with vesting restricted stock units and dividend equivalent units, using the closing stock price on the relevant trading dates.
What do the Form 4 footnotes say about the Littelfuse (LFUS) insider prices?
The footnotes state prices reflect the closing price per share on the trading date of vesting for dividend equivalent units and restricted stock units, or the prior trading date if vesting occurred on a non-trading day, explaining how the tax-withholding values were determined.