Vishay EVP granted 16,573 restricted stock units
Henrici Peter reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Henrici Peter reported acquisition or exercise transactions in this Form 4 filing.
Vishay Intertechnology executive vice president of corporate development Peter Henrici reported an equity award of 16,573 shares of common stock in the form of restricted stock units. The award was granted under the company’s 2023 Long-Term Incentive Plan and increases his directly held common stock to 48,289 shares. The 16,573 restricted stock units vest ratably over a three-year period, and each unit represents the right to receive one share of common stock. If his services end before three years, vesting will follow the terms of his employment agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,573 | $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 16,573 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 (VSH) executive Peter Henrici report on this Form 4?
How do the 16,573 Vishay (VSH) restricted stock units vest?
What plan governs Peter Henrici’s Vishay (VSH) restricted stock unit award?
What happens to the Vishay (VSH) restricted stock units if Peter Henrici leaves early?
What does each Vishay (VSH) restricted stock unit represent for Peter Henrici?
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