Form 4: Vishay Intertechnology Director Kurahashi Reports Stock Transactions

Director Michiko Kurahashi reports stock transactions involving common stock and restricted stock units.

Summary

• On January 2, 2025, Director Michiko Kurahashi had 64 shares of common stock withheld at a price of $16.94 to cover tax liabilities related to vesting restricted stock units.
• Also on January 2, 2025, Kurahashi was granted 10,626 restricted stock units as part of the company's 2023 Long-Term Incentive Plan.
• Following these transactions, Kurahashi beneficially owns 34,646 shares of common stock.
• The restricted stock units vest upon completion of a three-year period ending January 1, 2028, with pro rata vesting upon cessation of service before that date.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard compensation practices and insider transactions.

Positives

• The grant of 10,626 restricted stock units indicates continued investment in the director's long-term commitment to the company.

Future Outlook

The restricted stock units vest over a three-year period, incentivizing continued service and alignment with the company's long-term performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The granting of restricted stock units is a common practice to align management's interests with those of shareholders.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to director compensation and tax obligations.

Key Dates