Form 4: Littelfuse SVP, CHRO Maggie Chu Reports Stock Disposal
SEC Form 4
Maggie Chu, SVP, CHRO of Littelfuse Inc, reports disposing of 255 shares of common stock on June 1, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On June 1, 2024, Maggie Chu, the SVP, CHRO of Littelfuse Inc., reported a transaction involving the disposal of 255 shares of common stock.
- The shares were disposed of at a price of $256.6 per share.
- This transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- Following the transaction, Maggie Chu directly owns 4,146 shares of Littelfuse Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who have transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/01/2024 | Date of stock disposal transaction. |
| 06/03/2024 | Date of signature on the Form 4 filing. |
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