Form 4: Littelfuse SVP & GM Peter Sung-Jip Kim Reports Stock Disposal
SEC Form 4 Filing
Peter Sung-Jip Kim, SVP & GM of Industrial Business at Littelfuse Inc, reported disposing of 46 shares of common stock on April 22, 2024, to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2024, Peter Sung-Jip Kim, SVP & GM Industrial Business at Littelfuse Inc, disposed of 46 shares of common stock.
- The transaction was executed at a price of $228.84 per share.
- This disposal was related to covering tax obligations associated with the vesting of restricted stock units.
- Following the transaction, Kim directly owns 2,696 shares of Littelfuse Inc common stock.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax obligations, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations related to vested equity.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/22/2024 | Date of stock disposal transaction |
| 04/23/2024 | Date of signature by Power of Attorney |
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