Form 4: Director William Noglows Receives Littelfuse Stock Grant
Statement of Changes in Beneficial Ownership
Director William P. Noglows was granted 482 restricted stock units as part of the Littelfuse, Inc. long-term incentive plan.
Summary
- Director William P. Noglows acquired 482 restricted stock units (RSUs) on April 22, 2026.
- The grant was issued under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan.
- The RSUs vest in full on the earlier of the first anniversary of the grant or the date of the 2027 Annual Meeting of Stockholders.
- Following this transaction, the director holds 22,176 shares directly and 5,000 shares indirectly through family trusts.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which carries a neutral sentiment.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
The RSUs are scheduled to vest in full by the 2027 Annual Meeting of Stockholders or the first anniversary of the grant date.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure board members maintain a vested interest in the company's long-term performance.
Comparison to Industry Standards
- The use of restricted stock units for director compensation is consistent with standard practices among S&P 400 mid-cap industrial companies.
- Vesting schedules tied to annual meetings are a common mechanism to ensure director retention through the annual cycle.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Grant of restricted stock units to a director under the existing Long-Term Incentive Plan. | 04/22/2026 | Standard alignment of director incentives with shareholder interests. |
Related Party Transactions
- The director maintains indirect ownership of 5,000 shares held in trusts for the benefit of his children.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard compensation event.
Next Steps
- Vesting of the 482 restricted stock units on or before the 2027 Annual Meeting of Stockholders.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the restricted stock unit grant transaction. |
| 04/24/2026 | Date of filing for the Form 4 statement. |
Keywords
Littelfuse, LFUS, Insider Trading, Form 4, Director Compensation, Restricted Stock Units
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