Form 4: Littelfuse Executive VP, CFO Meenal Sethna Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Meenal Sethna, Executive VP and CFO of Littelfuse Inc., reported the disposal of common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- Meenal Sethna, Executive VP and CFO of Littelfuse Inc., filed a Form 4 detailing changes in beneficial ownership.
- The reported transactions involve the disposal of common stock to satisfy tax obligations arising from the vesting of restricted stock units.
- The transactions occurred on April 25, 2025, April 27, 2025, and April 28, 2025.
- A total of 357, 326, and 293 shares were disposed of at a price of $176.06, $176.06, and $179.04 respectively.
- Following these transactions, Sethna directly owns 24,736, 24,410, and 24,117 shares of Littelfuse Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it reflects routine financial activity.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposals may have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Disposal of 357 shares of common stock at $176.06 |
| 04/27/2025 | Disposal of 326 shares of common stock at $176.06 |
| 04/28/2025 | Disposal of 293 shares of common stock at $179.04 |
| 04/29/2025 | Date of signature by Power of Attorney |
Keywords
Form 4, Beneficial Ownership, Littelfuse, LFUS, Sethna, Executive VP, CFO, Stock Disposal, Tax Obligations, Restricted Stock Units
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