Form 4: Littelfuse SVP & Chief Accounting Officer, Jeffrey Gorski, Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse Inc, reports the acquisition of 2,049 restricted stock units on April 24, 2025.
Summary
- On April 24, 2025, Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse Inc, acquired 2,049 shares of common stock in the form of restricted stock units.
- These restricted stock units were granted pursuant to the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan, as amended.
- The grant vests in increments of one-third annually, starting on the first anniversary of the grant date.
- Following the transaction, Gorski directly owns 7,885 shares of Littelfuse Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management interests with shareholders.
Positives
- The grant of restricted stock units aligns the executive's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the executive.
Future Outlook
The document does not contain any specific forward-looking statements or guidance.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It reflects part of Littelfuse's compensation strategy.
Comparison to Industry Standards
- Granting restricted stock units is a common practice among publicly traded companies to incentivize and retain key executives.
- Companies like Texas Instruments (TXN) and Analog Devices (ADI) also use similar equity-based compensation plans.
- The vesting schedule of one-third annually is a typical arrangement, aligning with industry norms for long-term incentive plans.
Stakeholder Impact
- Shareholders may view the stock grant as a positive sign, aligning management's interests with the company's long-term performance.
- Employees may see this as a standard practice for executive compensation.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Jeffrey Gorski acquired 2,049 restricted stock units. |
| 04/28/2025 | Date of signature: Ryan K. Stafford, Power of Attorney, signed the Form 4 on behalf of Jeffrey Gorski. |
Keywords
Littelfuse, Gorski, restricted stock units, Form 4, insider trading, LFUS, incentive plan, beneficial ownership
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