Form 4: Vishay Intertechnology EVP Roy Shoshani Reports Stock Grant and Disposal
SEC Form 4 Filing
EVP and Chief Technical Officer of Vishay Intertechnology, Roy Shoshani, reports acquisition of restricted stock units and disposal of common stock.
Summary
- Roy Shoshani, EVP & Chief Technical Officer of Vishay Intertechnology, filed a Form 4.
- On February 27, 2024, Shoshani acquired 27,485 restricted stock units (RSUs) as part of the company's 2023 Long-Term Incentive Plan.
- These RSUs vest ratably over three years.
- Each RSU represents the right to receive one share of Vishay Intertechnology common stock.
- On the same day, Shoshani disposed of 46,340 shares of common stock.
- Following these transactions, Shoshani beneficially owns 46,340 shares of common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as the document simply reports transactions without indicating positive or negative outlook.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Date of stock grant and disposal |
| 02/29/2024 | Date of Form 4 signature |
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