Form 4: Vishay Intertechnology Executive O'Sullivan Reports Share Withholding for Tax Liability
SEC Form 4 Filing
Michael Shamus O'Sullivan, EVP Chief Admin & Legal Officer of Vishay Intertechnology, reports withholding of 414 common stock shares to cover tax obligations related to vesting restricted stock units.
Summary
- On March 1, 2025, Michael Shamus O'Sullivan, EVP Chief Admin & Legal Officer of Vishay Intertechnology, had 414 shares of common stock withheld to cover tax liabilities.
- The shares were withheld at a price of $17.14 per share.
- Following the transaction, O'Sullivan directly owns 21,073 shares of Vishay Intertechnology common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction related to tax obligations.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Comparison to Industry Standards
- Similar filings are common across publicly traded companies, such as Texas Instruments (TXN) and Analog Devices (ADI), where executives regularly report transactions in company stock.
- These filings are mandated by the SEC to ensure fair market practices and prevent insider trading, aligning with global regulatory benchmarks for corporate governance.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of the transaction where shares were withheld for tax liability. |
| 03/04/2025 | Date of signature for the report. |
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.