Form 4: Littelfuse SVP Chad Marak Reports Stock Disposals to Cover Tax Obligations

Chad Marak, SVP & GM Semiconductor Business at Littelfuse Inc, reports disposing of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Chad Marak, a Senior Vice President and General Manager at Littelfuse Inc, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• The report indicates that Marak disposed of shares of common stock on April 25, 2025, April 27, 2025, and April 28, 2025.
• These disposals were made to cover tax obligations related to the vesting of restricted stock units.
• The prices at which the shares were disposed of were $176.06 on April 25 and April 27, and $179.04 on April 28.
• The number of shares disposed of were 173, 113 and 87 respectively.
• Following these transactions, Marak beneficially owns 12,355 shares of Littelfuse Inc.
• The transactions were executed to satisfy tax obligations arising from the vesting of restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes, which is a normal part of executive compensation.

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 for signals about management's view of the company's prospects, although disposals for tax purposes are common and not necessarily indicative of a negative outlook.

Stakeholder Impact

• The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Disposal, Littelfuse, LFUS, Marak, Tax Obligations, Restricted Stock Units