Form 4: Littelfuse SVP Alexander Conrad Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse Inc, reported disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 27 and 28, 2024, Alexander Conrad, SVP & GM Passenger Vehicle at Littelfuse Inc, disposed of 205 and 209 shares of common stock, respectively.
- The transactions were executed to cover tax obligations related to the vesting of restricted stock units.
- The price per share for both transactions was $231.64.
- Following these transactions, Conrad directly owns 5,622 shares of Littelfuse Inc.
- The transactions were reported on a Form 4 filing with the SEC on April 29, 2024.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an insider to cover tax obligations, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common practice and required by the SEC.
Stakeholder Impact
- The stock disposal is unlikely to have a significant impact on stakeholders as it is a routine transaction to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/27/2024 | Disposal of 205 shares of common stock at $231.64. |
| 04/28/2024 | Disposal of 209 shares of common stock at $231.64. |
| 04/29/2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.