Vishay (NYSE: VSH) EVP receives 16,573 RSUs under 2023 incentive plan
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Henrici Peter
Role
EVP - Corporate Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,573 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48,289 shares (Direct)
Footnotes (1)
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FAQ
What did Vishay (VSH) executive Peter Henrici report on this Form 4?
Peter Henrici reported an acquisition of 16,573 restricted stock units of Vishay common stock. These units were granted under the 2023 Long-Term Incentive Plan and are structured as equity compensation rather than an open-market stock purchase.
How do the 16,573 Vishay (VSH) restricted stock units vest?
The 16,573 restricted stock units vest ratably over a three-year period. This means portions of the award vest gradually each year rather than all at once, aligning Henrici’s compensation with continued service at Vishay.
What plan governs Peter Henrici’s Vishay (VSH) restricted stock unit award?
The restricted stock unit award was granted under Vishay’s 2023 Long-Term Incentive Plan. This plan provides equity-based compensation to align executives’ interests with shareholders through time-based vesting of stock-linked awards.
What happens to the Vishay (VSH) restricted stock units if Peter Henrici leaves early?
If Peter Henrici’s services end before the three-year vesting period is complete, the restricted stock units will vest according to his employment agreement. That agreement governs any accelerated, continued, or forfeited vesting treatment.
What does each Vishay (VSH) restricted stock unit represent for Peter Henrici?
Each restricted stock unit represents the right to receive one share of Vishay common stock. When units vest, Henrici becomes entitled to receive the underlying shares, subject to the specific terms of the award and plan.