Form 4: Vishay Intertechnology Executive Reports Stock Transaction
SEC Form 4 Filing
Michael Shamus O'Sullivan, EVP Chief Admin & Legal Officer of Vishay Intertechnology, reports a transaction involving the withholding of common stock to cover tax liabilities.
Summary
- On January 2, 2025, Michael Shamus O'Sullivan, EVP Chief Admin & Legal Officer of Vishay Intertechnology, engaged in a transaction involving common stock.
- The transaction involved the withholding of 910 shares of common stock at a price of $16.94 per share.
- This withholding was to cover tax liabilities related to the vesting of time-based restricted stock units.
- Following the transaction, O'Sullivan beneficially owns 10,376 shares of Vishay Intertechnology common stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a routine stock transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard procedure for covering tax liabilities.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of the stock transaction (withholding of shares). |
| 01/06/2025 | Date of signature for the Form 4 filing. |
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