Vishay Precision Group (VPG) awards 5,380 RSUs to chief officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vishay Precision Group, Inc. reported that Chief Business and Product Officer Yair Alcobi acquired 5,380 shares of common stock through an equity award. These are restricted stock units granted at a price of $0.00 per share under the company’s 2022 Stock Incentive Plan.
The award consists of RSUs that will vest on January 1, 2029, subject to Alcobi’s continued employment with the company. Following this grant, he is reported as directly owning 5,380 shares, aligning his compensation further with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alcobi Yair
Role
Chief Bus. and Product Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,380 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,380 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did VPG report for Yair Alcobi?
Vishay Precision Group reported that Chief Business and Product Officer Yair Alcobi received an award of 5,380 restricted stock units. These RSUs represent common stock granted as part of his compensation and are designed to align his interests with long-term shareholder value.
When do Yair Alcobi’s VPG restricted stock units vest?
The restricted stock units reported in this filing will vest on January 1, 2029. Vesting is conditioned on the continued employment of the reporting person, meaning Alcobi must remain with Vishay Precision Group through that date for full vesting.
Under which plan were the VPG RSUs granted to the officer?
These restricted stock units were granted under the Vishay Precision Group, Inc. 2022 Stock Incentive Plan. This plan governs equity-based compensation awards, providing stock-related incentives intended to support retention and link management rewards to company performance.
Is the VPG Form 4 transaction a stock purchase or a compensation award?
The Form 4 describes a grant or award acquisition, not an open-market stock purchase. The RSUs were issued at a stated price of $0.00 per share, indicating they are part of Alcobi’s equity compensation package rather than a cash-funded share purchase.