Form 4: Littelfuse Executive Ryan K. Stafford Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Ryan K. Stafford, EVP, CLO & Corp Secretary of Littelfuse Inc, disposed of 338 shares of common stock on April 22, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2024, Ryan K. Stafford, an executive at Littelfuse Inc, disposed of 338 shares of common stock.
- The transaction was executed to cover tax obligations associated with the vesting of restricted stock units.
- The price per share was $228.84.
- Following the transaction, Stafford directly owns 23,817 shares of Littelfuse Inc.
- The transaction was reported on April 23, 2024.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock awards, a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of stock disposal transaction |
| 04/23/2024 | Date of Form 4 filing |
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