Littelfuse (LFUS) executive adds 3 shares from RSU dividend accrual
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Littelfuse senior vice president and general manager of the Semiconductor Business, Hamed Karim Wagdy, reported an automatic acquisition of common stock under a company equity arrangement. On the reported date, he acquired 3 shares of common stock at a price of $323.58 per share.
According to the footnote, these shares represent stock accrued as payment of dividends on unvested restricted stock units, rather than an open-market purchase. After this dividend-related accrual, his directly owned common stock holdings increased to 1,437 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hamed Karim Wagdy
Role
SVP & GM Semiconductor Busines
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3 | $323.58 | $970.74 |
Holdings After Transaction:
Common Stock — 1,437 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Littelfuse (LFUS) report for Hamed Karim Wagdy?
Littelfuse reported that executive Hamed Karim Wagdy acquired 3 shares of common stock through a grant-type transaction. The shares were accrued as dividend payments on unvested restricted stock units, increasing his directly held position to 1,437 common shares.
Was the Littelfuse (LFUS) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows an automatic acquisition, not an open-market purchase. The 3 Littelfuse shares were accrued as payment of dividends on unvested restricted stock units, reflecting an equity plan-related adjustment for the executive’s existing awards.
What role does Hamed Karim Wagdy hold at Littelfuse (LFUS) in this Form 4?
The filing identifies Hamed Karim Wagdy as an officer of Littelfuse, serving as senior vice president and general manager of the Semiconductor Business. The reported equity transaction relates to his compensation in the form of restricted stock units and associated dividends.