Form 4: Littelfuse Executive Receives RSU Grant
Statement of Changes in Beneficial Ownership
SVP & GM of Industrial Business Peter Sung-Jip Kim was granted 1,047 restricted stock units as part of a long-term incentive plan.
Summary
- Peter Sung-Jip Kim, SVP & GM of Industrial Business at Littelfuse, acquired 1,047 shares of common stock via a restricted stock unit (RSU) grant.
- The transaction occurred on April 22, 2026.
- The shares were granted at a price of $0, representing equity compensation.
- Following this transaction, the reporting person holds a total of 11,227 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding executive compensation.
Positives
- The grant aligns executive interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified; this is a standard compensatory equity grant.
Risks
- None identified; this is a standard compensatory equity grant.
Future Outlook
The restricted stock units vest in equal annual installments of one-third over a three-year period, beginning on the first anniversary of the grant date.
Industry Context
StockSavvy.ai notes that equity grants for senior management are standard practice in the industrial technology sector to ensure retention and alignment with corporate performance goals.
Comparison to Industry Standards
- The use of long-term incentive plans (LTIP) for executive compensation is consistent with standard corporate governance practices among S&P 400 mid-cap industrial companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity incentive grant.
Next Steps
- Vesting of the first tranche of 349 shares (approx.) on April 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 04/22/2026 | Date of the RSU grant transaction. |
| 04/24/2026 | Date of filing. |
Keywords
Littelfuse, LFUS, Form 4, Insider Trading, Equity Compensation, Restricted Stock Units
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