Form 4: Littelfuse Inc. President & CEO Gregory N. Henderson Receives Stock Grant

Gregory N. Henderson, President & CEO of Littelfuse Inc., was granted 12,884 shares of common stock on April 24, 2025, under the company's Long-Term Incentive Plan.

Summary

• On April 24, 2025, Gregory N. Henderson, President & CEO of Littelfuse Inc., received a grant of 12,884 shares of common stock.
• The grant was made under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan, as amended.
• The restricted stock units vest in increments of one-third annually, starting on the first anniversary of the grant date.
• Following the transaction, Henderson directly owns 13,835 shares of Littelfuse Inc. common stock.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The stock grant aligns the executive's interests with those of the shareholders through equity ownership.
• The vesting schedule encourages long-term commitment from the CEO.

Future Outlook

The document does not contain specific forward-looking statements, but the stock grant suggests a continued investment in executive leadership.

Industry Context

Stock grants are a common form of executive compensation in publicly traded companies, aligning management's interests with shareholder value. The size and vesting schedule of the grant are typical considerations in executive compensation packages.

Comparison to Industry Standards

• Executive compensation packages, including stock grants, are common across publicly traded companies to incentivize performance and align management interests with shareholders.
• Companies like TE Connectivity, Amphenol, and Eaton also utilize stock grants as part of their executive compensation plans.
• The vesting schedule of one-third annually is a standard practice to ensure long-term commitment.

Stakeholder Impact

• Shareholders may view the stock grant positively as it aligns management's interests with long-term company performance.
• Employees may see it as a sign of confidence in the company's leadership.

Key Dates

Keywords

Littelfuse Inc., Gregory N. Henderson, stock grant, Form 4, Long-Term Incentive Plan, executive compensation, LFUS