Form 4: Vishay Intertechnology Director John Malvisi Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director John Malvisi reports acquisition of restricted stock units and disposal of common stock.
Summary
- On January 2, 2025, John Malvisi, a director of Vishay Intertechnology, Inc., acquired 10,626 restricted stock units as part of the company's 2023 Long-Term Incentive Plan.
- These restricted stock units vest upon completion of a three-year period ending January 1, 2028, with pro rata vesting upon cessation of service before the end of the period.
- Each restricted stock unit represents the right to receive one share of Vishay Intertechnology's common stock.
- Malvisi also disposed of 27,064 shares of common stock on the same date.
- Following these transactions, Malvisi beneficially owns 27,064 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company director, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Acquisition of restricted stock units and disposal of common stock. |
| 01/06/2025 | Date of signature for the Form 4 filing. |
| 01/01/2028 | Vesting completion date for the restricted stock units. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.