Littelfuse (LFUS) SVP receives 1,521 restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamed Karim Wagdy reported acquisition or exercise transactions in this Form 4 filing.
Littelfuse senior vice president and general manager of the Semiconductor Business, Hamed Karim Wagdy, received a grant of 1,521 restricted stock units of Littelfuse common stock as equity compensation under the Littelfuse/IXYS Corporation Long-Term Incentive Plan. The award vests in equal one-third installments annually, beginning on the first anniversary of the grant date, encouraging longer-term retention. Following this grant, Wagdy directly holds 2,958 Littelfuse 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 | 1,521 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 2,958 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 1,521 shares
Grant price per share: $0.00 per share
Shares owned after grant: 2,958 shares
+2 more
5 metrics
Restricted stock units granted
1,521 shares
Grant of RSUs to SVP & GM Semiconductor Business
Grant price per share
$0.00 per share
Equity award, not open-market purchase
Shares owned after grant
2,958 shares
Total direct holdings following RSU grant
Vesting schedule
One-third annually
Begins on first anniversary of grant date
Transaction code
A (Grant, award, or other acquisition)
Non-derivative common stock transaction
Key Terms
restricted stock units, Long-Term Incentive Plan, vests in increments of one-third annually, Form 4
4 terms
restricted stock units financial
"Represents the grant of restricted stock units to the reporting person"
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.
Long-Term Incentive Plan financial
"pursuant to the Littelfuse/IXYS Corporation Long-Term Incentive Plan"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
vests in increments of one-third annually financial
"The grant vests in increments of one-third annually beginning on the first anniversary"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Littelfuse (LFUS) disclose in this Form 4 filing?
Littelfuse reported that SVP & GM of the Semiconductor Business, Hamed Karim Wagdy, received a grant of 1,521 restricted stock units. These equity awards are part of his compensation and vest over time, aligning his interests with long-term company performance.
What is the vesting schedule for the new Littelfuse (LFUS) restricted stock units?
The 1,521 restricted stock units vest in one-third increments annually, starting on the first anniversary of the grant date. This three-year vesting schedule is designed to promote retention and keep the executive focused on sustained company performance.
Was this Littelfuse (LFUS) Form 4 transaction a stock purchase or sale?
The filing shows an acquisition coded as a grant or award, not an open-market trade. The 1,521 shares were granted at a price of $0.00 per share as restricted stock units, reflecting compensation rather than a buy or sell transaction.