Form 4: Littelfuse Executive VP, CFO Meenal Sethna Sells Shares
SEC Form 4
Meenal Sethna, Executive VP and CFO of Littelfuse Inc, reports the sale of 6,114 shares of common stock on May 13, 2024, while also exercising options to acquire the same number of shares.
Summary
- On May 13, 2024, Meenal Sethna, the Executive VP and CFO of Littelfuse Inc, engaged in transactions involving the company's common stock.
- Sethna exercised options to acquire 6,114 shares at a price of $192.59 per share.
- Simultaneously, Sethna sold 3,634 shares at a weighted average price of $256.02 and 2,480 shares at a weighted average price of $257.19.
- Following these transactions, Sethna directly owns 22,432 shares of Littelfuse Inc.
- Sethna also holds 3,031 derivative securities.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions. No explicit positive or negative implications can be derived.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding the executive's holdings and trading activities.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 04/27/2018 | Date of grant for the option, vesting in increments of one third annually beginning on the first anniversary. |
| 05/13/2024 | Date of transaction: exercising options and selling shares. |
| 05/14/2024 | Date of signature for the report. |
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