STOCK TITAN

Vishay (NYSE: VSH) awards 127,486 RSUs to Executive Chairman

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Vishay Intertechnology reported that Executive Chairman and Chief Business Development Officer Marc Zandman received a grant of 127,486 restricted stock units on February 25, 2026 under the company’s 2023 Long-Term Incentive Plan. These units vest ratably over three years, with any earlier vesting governed by his employment agreement.

Each restricted stock unit represents the right to receive one share of Vishay’s common stock. Following this award, Zandman directly owns 185,399 shares of common stock. The transaction was reported as a grant or other acquisition with no cash price per share.

Positive

  • None.

Negative

  • None.
Insider ZANDMAN MARC
Role ExecChairman & Chief Bus Dev
Type Security Shares Price Value
Grant/Award Common Stock 127,486 $0.00 --
Holdings After Transaction: Common Stock — 185,399 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ZANDMAN MARC

(Last) (First) (Middle)
C/O VISHAY INTERTECHNOLOGY, INC.
63 LANCASTER AVE

(Street)
MALVERN PA 19355

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VISHAY INTERTECHNOLOGY INC [ VSH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
ExecChairman & Chief Bus Dev
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/25/2026 A 127,486(1) A $0 185,399 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents the number of restricted stock units granted to the Reporting Person on February 25, 2026 as part of the Registrant's 2023 Long-Term Incentive Plan. The 127,486 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.
/s/ David L. Tomlinson as attorney-in-fact for Marc Zandman 02/27/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Vishay (VSH) disclose for Marc Zandman?

Vishay disclosed that Executive Chairman Marc Zandman received 127,486 restricted stock units on February 25, 2026. The award was granted under the 2023 Long-Term Incentive Plan and reported as a grant or other acquisition, with no cash consideration per share.

How do Marc Zandman’s new restricted stock units at Vishay (VSH) vest?

Marc Zandman’s 127,486 restricted stock units vest ratably over three years. If his services end before the three-year period, vesting will follow the terms of his employment agreement, which governs how many units may still become earned.

What does each restricted stock unit granted by Vishay (VSH) to Marc Zandman represent?

Each restricted stock unit granted to Marc Zandman represents a right to receive one share of Vishay’s common stock. This means the 127,486 units, once vested and settled, can translate into an equal number of common shares issued to him.

How many Vishay (VSH) shares does Marc Zandman hold after this Form 4 transaction?

After the reported transaction, Marc Zandman directly holds 185,399 shares of Vishay common stock. This total reflects his ownership following the grant of 127,486 restricted stock units reported as a non-derivative acquisition on February 25, 2026.

Under which plan were Marc Zandman’s new restricted stock units at Vishay (VSH) granted?

The 127,486 restricted stock units were granted to Marc Zandman under Vishay’s 2023 Long-Term Incentive Plan. This plan is used to provide long-term equity-based compensation, aligning executive interests with the company’s common shareholders over time.