LFUS insider Hamed Karim Wagdy receives 1,426 RSUs under LTIP
Rhea-AI Filing Summary
Littelfuse reporting person Hamed Karim Wagdy, SVP & GM, Semiconductor Business, was granted 1,426 restricted stock units (RSUs) under the Littelfuse/IXYS Long-Term Incentive Plan on 08/11/2025. The award was recorded at a $0 price and vests in three equal annual installments beginning on the first anniversary of the grant. Following the reported transaction the reporting person beneficially owns 1,426 shares directly. This Form 4 discloses a routine insider equity grant and the vesting schedule tied to multi-year retention.
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Insights
TL;DR: Typical executive RSU grant reported; aligns management incentives with shareholders but is routine and not immediately material.
The Form 4 shows a direct grant of 1,426 RSUs to Hamed Karim Wagdy under the Littelfuse/IXYS Long-Term Incentive Plan with a one-third annual vesting schedule beginning one year after grant. The award price is listed as $0, indicating a service-based restricted stock unit award rather than a purchase. For corporate governance, this is a common retention and alignment mechanism; the disclosure meets Section 16 reporting requirements and increases the reporting person's beneficial ownership by the grant amount.
TL;DR: Modest RSU grant with staggered vesting; likely intended for retention and performance alignment, but limited near-term impact.
The documented grant of 1,426 RSUs vests in three equal installments starting on the first anniversary, which spreads compensation expense and executive retention over multiple years. The Form 4 records the transaction as an acquisition at $0, consistent with typical restricted stock unit awards under an LTIP. From a compensation perspective this is routine: it increases reported share-based pay obligations but does not itself indicate extraordinary dilution or a material change to capital structure.