Form 4: Littelfuse SVP & GM Chad Marak Reports Acquisition of 2,400 Shares of Common Stock
SEC Form 4 Filing
Chad Marak, SVP & GM of Semiconductor Business at Littelfuse Inc, reports acquiring 2,400 shares of common stock through a grant of restricted stock units.
Summary
- Chad Marak, a Senior Vice President and General Manager at Littelfuse Inc, filed a Form 4 with the SEC.
- The report indicates that Mr. Marak acquired 2,400 shares of Littelfuse Inc common stock on April 24, 2025.
- This acquisition was through a grant of restricted stock units (RSUs) under the company's Long-Term Incentive Plan.
- The RSUs vest in increments of one-third annually, starting on the first anniversary of the grant date.
- Following the transaction, Mr. Marak beneficially owns 12,728 shares of Littelfuse Inc.
- The reporting was made pursuant to Section 16(a) of the Securities Exchange Act of 1934.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing related to executive compensation. The acquisition of shares by an executive is generally viewed as a positive sign, but it's not a major event.
Positives
- The acquisition of shares by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The vesting schedule of the restricted stock units suggests a multi-year commitment from the executive.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/24/2025 | Date of transaction: Acquisition of 2,400 shares of common stock. |
| 04/28/2025 | Date of report: Filing date of the Form 4. |
Keywords
Form 4, Littelfuse Inc, Chad Marak, Restricted Stock Units, Beneficial Ownership, Insider Trading
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