Form 4: Littelfuse SVP & Chief Accounting Officer Reports Stock Disposals
SEC Filing
Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse Inc, reports the disposal of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- Jeffrey Gorski, the SVP & Chief Accounting Officer of Littelfuse Inc, filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of common stock on April 25, 2025, April 27, 2025, and April 28, 2025, to satisfy tax obligations related to the vesting of restricted stock units.
- A total of 136, 115, and 101 shares were disposed of at a price of $176.06, $176.06, and $179.04 respectively.
- Following these transactions, Gorski beneficially owns 7,533 shares of Littelfuse Inc.
- The transactions were executed to cover tax liabilities associated with the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock disposals for tax purposes, a routine activity.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
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
| Date | Description |
|---|---|
| 04/25/2025 | Disposal of 136 shares of common stock at $176.06. |
| 04/27/2025 | Disposal of 115 shares of common stock at $176.06. |
| 04/28/2025 | Disposal of 101 shares of common stock at $179.04. |
| 04/29/2025 | Date of signature by Power of Attorney. |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Littelfuse, Gorski, LFUS, Tax Obligations, Restricted Stock Units
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