Equity grant to Vishay (NYSE: VSH) CTO Roy Shoshani
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shoshani Roy reported acquisition or exercise transactions in this Form 4 filing.
Vishay Intertechnology executive vice president and chief technical officer Roy Shoshani received a grant of 56,094 restricted stock units under the company’s 2023 Long-Term Incentive Plan. These RSUs vest in equal installments over three years, increasing his directly owned common stock to 151,109 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shoshani Roy
Role
EVP & Chief Technical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 56,094 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 151,109 shares (Direct)
Footnotes (1)
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FAQ
What did Vishay (VSH) EVP Roy Shoshani report on this Form 4?
Roy Shoshani reported receiving a grant of 56,094 restricted stock units. The award was made under Vishay’s 2023 Long-Term Incentive Plan and represents additional equity-based compensation tied to the company’s common stock.
How many restricted stock units did Roy Shoshani receive from Vishay (VSH)?
Roy Shoshani received 56,094 restricted stock units. Each RSU represents a right to receive one share of Vishay’s common stock, subject to vesting conditions defined in his employment agreement and the incentive plan.
What is the vesting schedule for Roy Shoshani’s Vishay (VSH) RSU grant?
The 56,094 restricted stock units vest ratably over three years. This means equal portions of the award become earned each year, contingent on Shoshani’s continued service and the terms in his employment agreement.
Under which plan were the Vishay (VSH) RSUs to Roy Shoshani granted?
The RSUs were granted under Vishay Intertechnology’s 2023 Long-Term Incentive Plan. This plan provides equity-based awards to executives and employees, aligning their compensation with the company’s common stock performance over time.