Form 4: Littelfuse SVP & GM Peter Sung-Jip Kim Reports Stock Disposals
SEC Form 4
Peter Sung-Jip Kim, SVP & GM of Industrial Business at Littelfuse Inc, reports disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 27, 2024, Peter Sung-Jip Kim disposed of 105 shares of Littelfuse Inc. common stock at a price of $231.64.
- On April 28, 2024, Peter Sung-Jip Kim disposed of 74 shares of Littelfuse Inc. common stock at a price of $231.64.
- Following these transactions, Kim directly owns 4,069 shares of Littelfuse Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The disposal of shares by a company insider may be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 04/27/2024 | Disposal of 105 shares of common stock at $231.64. |
| 04/28/2024 | Disposal of 74 shares of common stock at $231.64. |
| 04/29/2024 | Date of signature by Hans Weinburger, Power of Attorney. |
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