Form 4: Vishay Intertechnology EVP David McConnell Reports Stock Transaction
SEC Form 4 Filing
David McConnell, EVP & Chief Financial Officer of Vishay Intertechnology, reports the disposition of 305 shares of common stock to cover tax liabilities related to vesting restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, David McConnell, the EVP & Chief Financial Officer of Vishay Intertechnology Inc., disposed of 305 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting of previously issued time-based restricted stock units.
- The shares were disposed of at a price of $22.49 per share.
- Following the transaction, McConnell directly owns 20,599 shares of Vishay Intertechnology Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a significant change in the executive's outlook on the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations from vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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.