Form 4: Littelfuse SVP & Chief Accounting Officer Reports Stock Disposal
SEC Form 4 Filing
Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse Inc, reports disposing of 79 shares of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 22, 2024, Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse Inc, disposed of 79 shares of common stock.
- The transaction was related to the vesting of restricted stock units.
- The shares were disposed of at a price of $228.84 per share.
- Following the transaction, Gorski directly owns 2,634 shares of Littelfuse Inc.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction related to stock vesting and tax obligations.
Industry Context
This is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it's a small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of stock disposal transaction |
| 04/23/2024 | Date of signature on the report |
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.