Form 4: Littelfuse Director Anthony Grillo Increases Holdings Through Deferred Compensation Plan

Director Anthony Grillo of Littelfuse Inc. acquired additional shares of common stock through a deferred compensation plan across multiple transactions in 2024.

Summary

• Anthony Grillo, a director at Littelfuse Inc., has acquired additional shares of the company's common stock through a deferred compensation plan.
• The transactions occurred on four separate dates: February 1, 2024, May 2, 2024, August 1, 2024, and October 31, 2024.
• On each of these dates, Mr. Grillo acquired 113, 115, 106, and 112 shares respectively.
• The prices per share for these acquisitions were $243.13, $238.83, $258.71, and $244.63 respectively.
• Following these transactions, Mr. Grillo's total direct holdings increased to 54,292 shares.

Sentiment

Score: 7

Explanation: The document reflects a positive sentiment due to the director's increased stake, suggesting confidence in the company. However, it's a routine filing, so the sentiment is not overly strong.

Positives

• The director's increased stake in the company may signal confidence in Littelfuse's future performance.
• The consistent acquisition of shares through the deferred compensation plan indicates a long-term commitment.

Industry Context

This filing is a routine disclosure of insider transactions and is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Littelfuse's filing is consistent with these requirements.
• The transactions are typical for directors participating in deferred compensation plans, which are common across various industries.
• Comparable companies would also have similar filings when directors acquire shares through compensation plans.

Stakeholder Impact

• The increased holdings by a director may positively influence shareholder confidence.
• The transactions have no direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Littelfuse, Director, Anthony Grillo, Deferred Compensation, Share Acquisition, Form 4, Insider Trading