Form 4: Vishay Director Granted 13,802 Restricted Stock Units

Vishay Intertechnology Director Renee B. Booth received a grant of 13,802 restricted stock units as part of the company's 2023 Long-Term Incentive Plan.

Summary

• Renee B. Booth, a Director of Vishay Intertechnology Inc. (VSH), was granted 13,802 restricted stock units (RSUs) on January 2, 2026.
• The RSUs were granted at a price of $0 and are part of the Registrant's 2023 Long-Term Incentive Plan.
• Each RSU represents a right to receive one share of Vishay Intertechnology's common stock.
• The restricted stock units are scheduled to vest upon the completion of a three-year period ending January 1, 2029.
• In the event of cessation of service prior to the three-year period, the RSUs will vest pro rata.
• Following this transaction, Renee B. Booth beneficially owns 48,448 shares of common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine compensation event for a director, which is neutral in terms of immediate positive or negative impact on the company's operational or financial performance. It reflects standard corporate governance and incentive practices.

Positives

• The grant of restricted stock units aligns the interests of Director Renee B. Booth with long-term shareholder value through a three-year vesting schedule.
• This is a standard component of executive and director compensation, indicating ongoing commitment to retaining key personnel.

Negatives

• The grant of 13,802 restricted stock units, upon vesting, will result in a minor dilution of existing shareholder equity.

Future Outlook

The restricted stock units are set to vest over a three-year period, concluding on January 1, 2029, indicating a future commitment and potential share issuance at that time.

Industry Context

This transaction is a routine insider compensation event and does not directly reflect broader industry trends or competitive positioning. It is a standard practice for publicly traded companies to grant equity awards to directors as part of their compensation structure.

Stakeholder Impact

• Shareholders: Minor potential future dilution upon vesting of the RSUs, but also aligns director's interests with long-term company performance.
• Employees/Management: This grant is part of a long-term incentive plan, which generally aims to motivate and retain key personnel, including directors.

Next Steps

• The restricted stock units will vest upon the completion of the three-year period ending January 1, 2029, at which point shares of common stock will be issued to Renee B. Booth.

Key Dates

Keywords

Vishay Intertechnology, VSH, Restricted Stock Units, RSU Grant, Insider Transaction, Director Compensation, Long-Term Incentive Plan, SEC Form 4