Vishay Intertechnology (VSH) director reports 13,802 RSU grant and holdings
Rhea-AI Filing Summary
Vishay Intertechnology director Michael J. Cody reported equity transactions in the company’s common stock on January 2, 2026. The filing shows 65 shares of common stock were withheld at a price of $14.49 to cover tax liabilities arising from the vesting of time-based restricted stock units. On the same date, Cody received a grant of 13,802 restricted stock units under Vishay’s 2023 Long-Term Incentive Plan at no purchase price.
Following these transactions, Cody beneficially owns 75,054 shares of Vishay common stock, which includes 898 shares acquired through dividend reinvestment. The newly granted restricted stock units are scheduled to vest after a three-year period ending January 1, 2029, with pro rata vesting if his service ends earlier. Each restricted stock unit represents the right to receive one share of Vishay common stock.
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FAQ
What insider transaction did Vishay Intertechnology (VSH) report in this Form 4?
The Form 4 reports that director Michael J. Cody had 65 shares of Vishay Intertechnology common stock withheld at $14.49 per share to pay tax liabilities tied to the vesting of time-based restricted stock units, and he received a grant of 13,802 restricted stock units on January 2, 2026.
How many Vishay (VSH) shares does the director own after these transactions?
After the reported transactions, director Michael J. Cody beneficially owns 75,054 shares of Vishay Intertechnology common stock in total. This amount includes 898 shares that were acquired through the reinvestment of dividends.
What are the terms of the 13,802 restricted stock units granted at Vishay (VSH)?
The 13,802 restricted stock units granted on January 2, 2026 were issued under Vishay’s 2023 Long-Term Incentive Plan. These units vest after a three-year period ending January 1, 2029. If Cody’s service ends earlier, the units vest at that time on a pro rata basis for the portion of the three-year period actually served.
What does each restricted stock unit represent for Vishay Intertechnology (VSH)?
Each restricted stock unit granted to Michael J. Cody represents a right to receive one share of Vishay Intertechnology common stock upon vesting, as described in the filing’s explanation of responses.
Why were 65 Vishay (VSH) shares withheld from the director?
The 65 shares of Vishay common stock were withheld to satisfy tax liabilities arising from the vesting of time-based restricted stock units. This is disclosed as a payment of tax liability by withholding shares incident to vesting.
Is this Vishay (VSH) Form 4 filed for one reporting person or a group?
The Form 4 is indicated as being filed by one reporting person, specifically director Michael J. Cody, rather than by more than one reporting person or a group.