Vishay grants 14,023 stock units to EVP
Vishay Intertechnology reported that executive vice president and chief administrative and legal officer Michael Shamus O'Sullivan acquired 14,023 shares of common stock through a grant of restricted stock units.
Rhea-AI Filing Summary
Vishay Intertechnology reported that executive vice president and chief administrative and legal officer Michael Shamus O'Sullivan acquired 14,023 shares of common stock through a grant of restricted stock units. These units vest in equal installments over three years, with each unit converting into one share. Following this award, his directly held common stock increased to 35,491 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 14,023 shares
Grant/Award
1 txn
Insider
O'Sullivan Michael Shamus
Role
EVP Chief Admin & LegalOfficer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,023 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 35,491 shares (Direct)
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vishay (VSH) disclose in this Form 4 for Michael O'Sullivan?
Vishay disclosed that executive Michael Shamus O'Sullivan received 14,023 restricted stock units as an equity award. These units convert into common shares over time, increasing his direct ownership to 35,491 shares after the grant.
How do the 14,023 restricted stock units for VSH vest over time?
The 14,023 restricted stock units vest ratably over a three-year period. This means they convert into Vishay common shares in equal installments each year, assuming continued service or as otherwise specified in his employment agreement.
Does Michael O'Sullivan pay cash for the 14,023 VSH restricted stock units?
No cash payment is involved for this grant; the restricted stock units were awarded at a stated price of $0.00 per share. They are part of Vishay’s 2023 Long-Term Incentive Plan and vest into shares over three years.
What plan governs the 14,023 restricted stock unit grant at Vishay (VSH)?
The 14,023 restricted stock units were granted under Vishay’s 2023 Long-Term Incentive Plan. The plan provides equity-based awards to executives, with vesting and other terms further governed by each executive’s employment agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.