Form 4: Littelfuse Executive Alexander Conrad Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse Inc, disposed of 135 shares of common stock on April 22, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2024, Alexander Conrad, a Senior Vice President & General Manager at Littelfuse Inc., disposed of 135 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of restricted stock units.
- The shares were disposed of at a price of $228.84 per share.
- Following the transaction, Conrad directly owns 4,531 shares of Littelfuse Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider trading. It doesn't convey any particularly positive or negative sentiment about the company's performance or prospects.
Industry Context
This is a routine disclosure related to insider transactions, specifically the disposal of shares to cover tax obligations, which is a common practice among corporate executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of stock disposal transaction |
| 04/23/2024 | Date of signature by Power of Attorney |
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