Vishay CEO granted 172,106 restricted stock units
Smejkal Joel reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Smejkal Joel reported acquisition or exercise transactions in this Form 4 filing.
Vishay Intertechnology reported that President and CEO Joel Smejkal received an equity award of 172,106 restricted stock units of common stock on February 25, 2026 under the company’s 2023 Long-Term Incentive Plan. These units vest in equal installments over three years, encouraging multi‑year retention and alignment with shareholders.
If Smejkal’s employment ends before the three-year period, vesting will instead follow the terms of his employment agreement. After this grant, he directly holds 505,449 shares or share-equivalent units of Vishay common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 172,106 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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 172,106 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 did Vishay Intertechnology (VSH) disclose in this Form 4 filing?
How do the 172,106 restricted stock units for VSH CEO vest over time?
What happens to the VSH restricted stock units if the CEO leaves early?
Is this VSH Form 4 transaction a market buy or a compensatory grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.