Form 4: Vishay Intertechnology SVP Tomlinson Reports Stock Transaction
SEC Form 4 Filing
David L. Tomlinson, SVP & Chief Accounting Officer of Vishay Intertechnology, reports a transaction involving the withholding of common stock to cover tax liabilities related to vesting restricted stock units.
Summary
- On March 1, 2024, David L. Tomlinson, SVP & Chief Accounting Officer of Vishay Intertechnology, Inc., engaged in a transaction involving common stock.
- A total of 290 shares of common stock were disposed of to cover tax liabilities associated with the vesting of previously issued time-based restricted stock units.
- The transaction price was $22.49 per share.
- Following the transaction, Tomlinson directly owns 13,743 shares of Vishay Intertechnology common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common occurrences 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 routine transaction related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transaction (disposal of shares for tax liability). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
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