Vishay (VSH) CFO granted 50,994 RSUs, boosting direct holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vishay Intertechnology executive David McConnell, EVP & Chief Financial Officer, reported an equity award tied to his compensation. He acquired 50,994 shares of common stock through a grant of restricted stock units at a stated price of $0.00 per share, bringing his direct holdings to 98,523 shares.
The 50,994 restricted stock units were granted on February 25, 2026 under the company’s 2023 Long-Term Incentive Plan and vest in equal portions over three years. If his employment ends before then, vesting will follow his employment agreement. Each unit gives the right to receive one share of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McConnell David
Role
EVP & Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 50,994 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 98,523 shares (Direct)
Footnotes (1)
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FAQ
What transaction did Vishay (VSH) executive David McConnell report on this Form 4?
David McConnell reported receiving a grant of 50,994 restricted stock units. The grant is classified as an acquisition under equity compensation, not an open-market purchase, and forms part of Vishay’s 2023 Long-Term Incentive Plan for executives.
Was the Vishay (VSH) Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not a market purchase. McConnell acquired 50,994 restricted stock units at a stated price of $0.00 per share as part of Vishay’s 2023 Long-Term Incentive Plan, reflecting equity-based executive compensation.
How do the 50,994 restricted stock units granted by Vishay (VSH) vest?
The 50,994 restricted stock units vest ratably over three years. If David McConnell’s services end before that three-year period, vesting will follow the terms of his employment agreement, which governs how much of the award he ultimately retains.
What does each restricted stock unit in the Vishay (VSH) Form 4 represent?
Each restricted stock unit represents the right to receive one share of Vishay common stock. As the units vest over the three-year schedule, they can be settled in shares, aligning executive compensation with shareholder value through equity ownership.
Under which plan was David McConnell’s Vishay (VSH) equity grant made?
The 50,994 restricted stock units were granted under Vishay’s 2023 Long-Term Incentive Plan. This plan provides equity awards to key employees, including executives, using multi-year vesting to support retention and align management interests with shareholders.