Form 4: Littelfuse Executive Trades Shares
Statement of Changes in Beneficial Ownership
Littelfuse SVP & GM Industrial Business, Peter Kim, reports significant stock transactions including acquisitions and sales.
Summary
- Peter Kim, SVP & GM Industrial Business at Littelfuse Inc., engaged in multiple stock transactions on June 2, 2026.
- These transactions included the acquisition of 1,355 shares at $267.84, 2,486 shares at $231.64, 3,285 shares at $240.76, and 3,045 shares at $230.39.
- Additionally, Kim disposed of 10,090 shares at a weighted average price of $486.18 and 81 shares at a weighted average price of $484.90.
- Following these transactions, Kim beneficially owns 10,517 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing. While there are significant stock acquisitions, the sale of a large number of shares by a senior executive balances the sentiment, indicating a realization of gains rather than a strong directional signal.
Positives
- Acquisition of 10,171 shares through stock options at prices ranging from $230.39 to $267.84, indicating a belief in the company's value at these price points.
- The reporting person continues to hold a significant number of shares (10,517) after the reported sales.
Negatives
- Sale of 10,171 shares at significantly higher prices ($484.90 - $486.18) than the acquisition prices, suggesting a realization of gains.
- The sale of a substantial number of shares by a key executive could be interpreted negatively by the market.
Risks
- The filing does not explicitly mention any risks.
- Potential market perception of an executive selling a large portion of their holdings, which could be interpreted as a lack of confidence, although this is not stated in the filing.
Future Outlook
The filing is a statement of changes in beneficial ownership and does not contain forward-looking statements or guidance regarding the company's future financial performance.
Management Comments
- The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- Stock options vest in increments of one-third annually beginning on the anniversary of their respective grant dates.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The reported acquisitions and dispositions by a senior executive at Littelfuse Inc. provide insight into internal confidence and potential liquidity management, but do not directly reflect broader industry trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Peter Kim has granted a power of attorney to Abhishek Khandelwal, Anne-Marie DAngelo, and William S. Hewitt, Jr. to execute Forms 3, 4, and 5 on his behalf. | 06/02/2026 | Facilitates timely and accurate filing of insider transaction reports. |
Stakeholder Impact
- Shareholders: May interpret the sale of shares by an executive as a signal, though the simultaneous acquisition of shares through options suggests continued engagement.
- Employees: The vesting of stock options indicates continued incentive alignment for management.
- Creditors: No direct impact from this filing.
Next Steps
- The reporting person may be requested to provide further details on individual sale prices.
- Future vesting of stock options will occur annually.
Key Dates
| Date | Description |
|---|---|
| 04/22/2021 | Grant date for a stock option for 1,355 shares. |
| 04/28/2022 | Grant date for a stock option for 2,486 shares. |
| 04/27/2023 | Grant date for a stock option for 3,285 shares. |
| 04/25/2024 | Grant date for a stock option for 4,568 shares. |
| 06/02/2026 | Date of earliest transaction reported and date of stock acquisitions and dispositions. |
| 06/03/2026 | Date of signature on the filing. |
Keywords
Form 4, SEC Filing, Littelfuse Inc., LFUS, Insider Trading, Stock Options, Beneficial Ownership, Peter Kim, Securities Exchange Act of 1934
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