LFUS Form 4: Conrad Alexander Reports Dividend-Accrued Share Acquisition
Rhea-AI Filing Summary
Conrad Alexander, listed as SVP & GM Passenger Vehicle at Littelfuse Inc. (LFUS), reported an acquisition on 09/05/2025. The Form 4 shows a non-derivative acquisition (Transaction Code A) of shares related to dividends on unvested restricted stock units; the report lists a price of $259.58 and indicates 3,433 shares beneficially owned following the transaction. The filing is signed under power of attorney by Ryan K. Stafford on 09/08/2025. The explanation states these shares were accrued as payment of dividends on unvested restricted stock units.
Positive
- Transaction clearly disclosed with transaction code and explanatory note indicating accrual from dividends on unvested RSUs
- Direct beneficial ownership increased to 3,433 shares, showing transparent reporting of insider holdings
Negative
- None.
Insights
TL;DR Insider received shares via dividend accrual on unvested RSUs, increasing direct holdings to 3,433 shares; routine, non-dispositive.
The Form 4 discloses a routine issuance of shares to an executive resulting from dividend accruals on unvested restricted stock units. This is an internal compensation mechanics event rather than a market purchase or sale. It increases the reporting person's direct ownership to 3,433 shares and was reported using Transaction Code A. The filing appears complete for the disclosed transaction and was submitted via power of attorney.
TL;DR The transaction reflects dividend reinvestment into unvested RSUs; compensation governance appears standard and non-material to shareholders.
The explanation explicitly states the shares were accrued as dividend payments on unvested RSUs, indicating a compensation-related adjustment rather than a change in compensation policy. The reported per-share price of $259.58 is consistent with a recorded value for the accrual. No dispositions or option exercises are reported, and the increase in direct holdings is modest relative to typical executive packages.