Form 4: Littelfuse SVP Alexander Conrad Reports Stock Disposals Following Restricted Stock Unit Vesting
SEC Form 4 Filing
Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse Inc, reports disposing of common stock to cover tax obligations following the vesting of restricted stock units.
Summary
- Alexander Conrad, a Senior Vice President at Littelfuse Inc, reported changes in beneficial ownership of the company's common stock.
- The transactions involved the disposal of shares to satisfy tax obligations related to the vesting of restricted stock units.
- On April 25, 2025, 236 shares were disposed of at a price of $176.06 per share.
- On April 27, 2025, 210 shares were disposed of at a price of $176.06 per share.
- On April 28, 2025, 214 shares were disposed of at a price of $179.04 per share.
- Following these transactions, Conrad directly owns 6,934 shares of Littelfuse Inc.
- The disposals were executed to cover tax liabilities associated with the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
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 transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Disposal of 236 shares of common stock at $176.06 per share. |
| 04/27/2025 | Disposal of 210 shares of common stock at $176.06 per share. |
| 04/28/2025 | Disposal of 214 shares of common stock at $179.04 per share. |
| 04/29/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Restricted Stock Units, Littelfuse, LFUS, Conrad, Insider Trading
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