Form 4: Vishay Intertechnology SVP Global HR, Robert Barrett Hackett II, Reports Acquisition and Disposal of Common Stock
SEC Form 4
Robert Barrett Hackett II, SVP Global HR of Vishay Intertechnology, reports the acquisition of restricted stock units and disposal of common stock.
Summary
- On February 26, 2025, Robert Barrett Hackett II, SVP Global HR of Vishay Intertechnology, acquired 9,722 restricted stock units as part of the company's 2023 Long-Term Incentive Plan.
- These restricted stock units vest ratably over a three-year period.
- Each restricted stock unit represents a right to receive one share of Vishay Intertechnology's common stock.
- Hackett also disposed of 16,476 shares of common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects a standard executive compensation transaction. There are no overtly positive or negative implications.
Positives
- The grant of restricted stock units aligns the executive's interests with the long-term performance of the company.
Future Outlook
The restricted stock units vest ratably over a three-year period, incentivizing continued service and performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates compensation and equity ownership changes for a key executive.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders by aligning executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Acquisition of restricted stock units and disposal of common stock. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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