ZANDMAN MARC 4

What Happened
Marc Zandman, Executive Chairman & Chief Business Development Officer and a director of Vishay Intertechnology (VSH), was granted 127,486 restricted stock units (RSUs) on February 25, 2026. The grant is reported as an award/acquisition with a reported acquisition price of $0. Each RSU represents a right to receive one share of Vishay common stock upon vesting.

Key Details

• Transaction date: February 25, 2026; Form 4 filed February 27, 2026 (appears timely under Section 16 two-business-day rule).
• Award: 127,486 restricted stock units; reported acquisition price $0.
• Vesting: RSUs vest ratably over a three-year period. If Mr. Zandman’s service ends before three years, vesting will follow his employment agreement. (Footnote: grant made under the registrant’s 2023 Long‑Term Incentive Plan.)
• Shares owned after transaction: not specified in the provided filing.
• No sale or open‑market purchase occurred — this is an equity compensation award.

Context
RSUs are a form of executive compensation that convert into shares only after they vest; they are not an immediate cash payment or open‑market purchase. The reported $0 acquisition price is standard for grants of RSUs; the eventual economic value depends on Vishay’s stock price when units vest or are settled. Awards like this are common for aligning executive incentives with shareholder value and do not by themselves indicate an insider buying or selling in the open market.