Littelfuse (LFUS) CFO has 1,122 shares withheld for taxes after RSU vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Littelfuse Executive VP and CFO Abhishek Khandelwal reported a routine tax-related share disposition linked to vesting of restricted stock units. A total of 1,122 shares of Common Stock were withheld at a price of $479.82 per share to cover tax obligations, leaving him with 8,835 shares held directly. This was not an open-market sale and does not reflect a discretionary trade in the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Khandelwal Abhishek
Role
Executive VP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,122 | $479.82 | $538K |
Holdings After Transaction:
Common Stock — 8,835 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withheld shares: 1,122 shares
Withholding price: $479.82 per share
Shares held after transaction: 8,835 shares
3 metrics
Tax-withheld shares
1,122 shares
Shares withheld to cover tax on RSU vesting
Withholding price
$479.82 per share
Closing price on trading date of RSU vesting
Shares held after transaction
8,835 shares
Direct holdings after tax-withholding disposition
Key Terms
restricted stock units, tax-withholding disposition, Common Stock
3 terms
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.
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.
Common Stock financial
""security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Littelfuse (LFUS) CFO Abhishek Khandelwal report?
Abhishek Khandelwal reported a tax-withholding disposition of 1,122 Littelfuse common shares. The shares were withheld in connection with restricted stock unit vesting, a standard mechanism to cover tax obligations rather than an open-market sale or discretionary trade.
Was the Littelfuse (LFUS) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax liabilities triggered by restricted stock unit vesting, which is a routine, non-market administrative transaction for equity compensation.
What does a tax-withholding disposition mean for Littelfuse (LFUS) investors?
A tax-withholding disposition means shares are retained by the issuer to pay taxes on vested equity awards. It is an automatic, compensation-related event and does not indicate the insider chose to buy or sell shares on the open market based on personal views.