Form 4: Littelfuse SVP Deepak Nayar Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Deepak Nayar, SVP & GM Electronics Business at Littelfuse Inc, reported the disposal of common stock to cover tax obligations related to the vesting of restricted stock units.
Summary
- Deepak Nayar, a Senior Vice President and General Manager at Littelfuse Inc, filed a Form 4 with the SEC.
- The form details the disposal of Littelfuse common stock on April 25, 2025, April 27, 2025, and April 28, 2025.
- A total of 284, 267, and 273 shares were disposed of on each respective date at a price of $176.06, $176.06, and $179.04 per share.
- These disposals were to cover tax obligations related to the vesting of restricted stock units.
- Following these transactions, Nayar directly owns 7,452 shares of Littelfuse common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is typical for executives holding company stock and receiving restricted stock units as part of their compensation.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Disposal of 284 shares of common stock at $176.06 per share. |
| 04/27/2025 | Disposal of 267 shares of common stock at $176.06 per share. |
| 04/28/2025 | Disposal of 273 shares of common stock at $179.04 per share. |
| 04/29/2025 | Date of signature by Power of Attorney. |
Keywords
Form 4, Littelfuse, Stock Disposal, Insider Trading, Nayar Deepak, LFUS, SEC Filing
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