Form 4: Vishay Intertechnology EVP David McConnell Reports Stock Grant and Disposal

EVP and Chief Financial Officer of Vishay Intertechnology, David McConnell, reports the acquisition of 33,333 restricted stock units and disposal of 51,761 common stock shares.

Summary

• David McConnell, EVP & Chief Financial Officer of Vishay Intertechnology, filed a Form 4.
• The report details the acquisition of 33,333 restricted stock units on February 26, 2025, granted under the company's 2023 Long-Term Incentive Plan.
• These restricted stock units vest ratably over three years.
• Each unit represents the right to receive one share of Vishay Intertechnology common stock.
• The report also shows the disposal of 51,761 common stock shares on February 26, 2025.
• Following these transactions, McConnell beneficially owns 51,761 shares of common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions.

Future Outlook

The restricted stock units vest ratably over a three-year period, contingent on continued service.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates changes in David McConnell's holdings of Vishay Intertechnology stock.

Stakeholder Impact

• Shareholders are informed about changes in the beneficial ownership of a key executive, providing transparency into insider activity.

Key Dates