Form 4: Vishay Intertechnology EVP McConnell Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
David McConnell, EVP & Chief Financial Officer of Vishay Intertechnology, disposed of 260 shares of common stock on March 1, 2025, to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 1, 2025, David McConnell, the EVP & Chief Financial Officer of Vishay Intertechnology Inc., reported a transaction involving the disposal of 260 shares of common stock.
- The shares were disposed of to cover tax liabilities associated with the vesting of previously issued time-based restricted stock units.
- The transaction was executed at a price of $17.14 per share.
- Following the transaction, McConnell directly owns 51,501 shares of Vishay Intertechnology Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a common practice of executives covering tax obligations through stock disposals.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the transaction (disposal of shares). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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