Form 4: Vishay Intertechnology EVP Jeffrey Allen Webster Reports Stock Transaction
SEC Form 4 Filing
Jeffrey Allen Webster, EVP & Chief Operating Officer of Vishay Intertechnology, reports the withholding of shares for tax liability related to vesting restricted stock units.
Summary
- On January 2, 2025, Jeffrey Allen Webster, EVP & Chief Operating Officer of Vishay Intertechnology, Inc., had 2,392 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $16.94 per share.
- Following the transaction, Webster directly owns 66,496 shares of Vishay Intertechnology common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to executive compensation and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of an insider stock transaction, which is common for executives receiving stock-based compensation. It provides transparency into executive stock ownership but doesn't necessarily indicate a change in the company's outlook.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the stock transaction (tax liability payment by withholding shares). |
| 01/06/2025 | Date of signature on the Form 4 filing. |
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