Form 4: Littelfuse SVP Matthew Cole Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Matthew Cole, SVP of eMobility & Corporate Strategy at Littelfuse Inc, reported disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- Matthew Cole, a Senior Vice President at Littelfuse Inc, filed a Form 4 with the SEC.
- The filing reports the disposal of common stock on April 27 and April 28, 2024, to cover tax obligations.
- A total of 184 shares were disposed of at a price of $231.64 per share.
- Following these transactions, Cole directly owns 5,932 shares of Littelfuse Inc.
- The disposals were related to the vesting of restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to stock disposals for tax purposes, indicating a neutral sentiment.
Industry Context
Insider transactions are routinely monitored and reported to the SEC to ensure transparency and prevent illegal trading activities. Disposals to cover tax obligations are a common occurrence.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/27/2024 | Disposal of 91 shares of common stock. |
| 04/28/2024 | Disposal of 93 shares of common stock. |
| 04/29/2024 | Date of signature by Hans Weinburger, Power of Attorney. |
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