Form 4: Littelfuse SVP & GM Deepak Nayar Reports Acquisition of Restricted Stock Units

Deepak Nayar, SVP & GM of Electronics Business at Littelfuse, reports the acquisition of 3,646 restricted stock units.

Summary

• Deepak Nayar, a Senior Vice President and General Manager at Littelfuse Inc., filed a Form 4.
• The filing reports a transaction that occurred on April 24, 2025.
• Nayar acquired 3,646 shares of Common Stock through the grant of restricted stock units.
• These restricted stock units were granted under the Amended and Restated Littelfuse, Inc. Long-Term Incentive Plan.
• The grant vests in increments of one-third annually, starting on the first anniversary of the grant date.
• Following the reported transaction, Nayar beneficially owns 8,276 shares of Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of restricted stock units is a standard part of executive compensation and aligns the executive's interests with those of the shareholders.

Positives

• The acquisition 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 restricted stock units vest in increments of one-third annually beginning on the first anniversary of the date of grant.

Industry Context

Form 4 filings are a routine part of executive compensation and are common across publicly traded companies. They provide transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The grant of restricted stock units aligns management's interests with shareholders, potentially driving long-term value creation.

Key Dates

Keywords

Littelfuse, Form 4, Restricted Stock Units, Beneficial Ownership, Deepak Nayar, LFUS, Incentive Plan