Vishay SVP granted 14,023 restricted stock units
Tomlinson David L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Tomlinson David L reported acquisition or exercise transactions in this Form 4 filing.
Vishay Intertechnology senior vice president and chief accounting officer David L. Tomlinson reported an equity award in the form of 14,023 restricted stock units of common stock. According to the disclosure, these units were granted on February 26, 2025 under the company’s 2023 Long-Term Incentive Plan.
The 14,023 restricted stock units vest ratably over a three-year period, meaning portions of the award become earned each year. If Tomlinson’s services end before the three years are complete, vesting will follow the terms of his employment agreement. Each unit represents the right to receive one share of Vishay’s common stock, bringing his directly held total to 35,805 shares after this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,023 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the number of restricted stock units granted to the Reporting Person on February 26, 2025 as part of the Registrant's 2023 Long-Term Incentive Plan. The 14,023 restricted stock units vest ratably over a three-year period. In the event that the services of the Reporting Person cease prior to the expiration of such three-year period, the restricted stock units will vest in accordance with the terms of the Reporting Person's employment agreement. Each restricted stock unit represents a right to receive one share of the registrant's common stock.
FAQ
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What insider transaction did VISHAY INTERTECHNOLOGY INC (VSH) report for David L. Tomlinson?
How many restricted stock units did VSH grant to David L. Tomlinson and under which plan?
What are the vesting terms of David L. Tomlinson’s 14,023 restricted stock units at VSH?
What does each restricted stock unit granted to David L. Tomlinson by VSH represent?
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