Form 4: Littelfuse SVP, CHRO Receives Stock Grant
SEC Form 4
Maggie Chu, SVP, CHRO of Littelfuse Inc., reports the acquisition of 2,421 shares of common stock through a restricted stock unit grant.
Summary
- On April 24, 2025, Maggie Chu, SVP, CHRO of Littelfuse Inc., acquired 2,421 shares of common stock.
- The acquisition was a grant of restricted stock units under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan.
- The restricted stock units vest in increments of one-third annually, starting on the first anniversary of the grant date.
- Following the transaction, Ms. Chu beneficially owns 7,107 shares of Littelfuse Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management with shareholder interests.
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 executive's compensation is tied to the company's long-term performance through the vesting of restricted stock units.
Industry Context
Stock grants are a common form of executive compensation in publicly traded companies, aligning management's interests with shareholder value.
Stakeholder Impact
- Shareholders: Aligns executive compensation with company performance.
- Employees: Provides insight into executive compensation structure.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Grant of restricted stock units. |
| 04/28/2025 | Date of report: Filing of Form 4. |
Keywords
Littelfuse, Stock Grant, Restricted Stock Units, Form 4, Executive Compensation, Beneficial Ownership, LFUS, Maggie Chu, SVP, CHRO
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