Form 4: Littelfuse Executive Alexander Conrad Receives Stock Grant

Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse, Inc., reports the acquisition of 1,972 shares of common stock through a restricted stock unit grant.

Summary

• On April 24, 2025, Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse Inc., acquired 1,972 shares of common stock.
• This acquisition was a result of a grant of restricted stock units under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan.
• The restricted stock units vest in increments of one-third annually, starting on the first anniversary of the grant date.
• Following this transaction, Conrad directly owns 7,594 shares of Littelfuse Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The granting of stock options is a normal part of executive compensation and aligns the executive's interests with shareholders.

Positives

• The grant of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing long-term performance.
• The vesting schedule encourages continued service and commitment to the company.

Future Outlook

The executive's holdings will increase as the restricted stock units vest over the next three years, aligning their interests with the company's long-term performance.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, used to incentivize performance and align management's interests with those of shareholders.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns management's interests with long-term company performance.
• Employees may see the grant as a sign of confidence in the company's future.

Key Dates

Keywords

Littelfuse, Alexander Conrad, restricted stock units, Form 4, insider trading, stock grant, LFUS, beneficial ownership