Smejkal Joel 4
Research Summary
AI-generated summary
Vishay CEO Joel Smejkal Receives 172,106 RSU Award
What Happened Joel Smejkal, President & CEO and a director of Vishay Intertechnology (VSH), was granted 172,106 restricted stock units (RSUs) on February 25, 2026. The Form 4 reports the grant as an award (code A) with a reported acquisition price of $0.00; each RSU represents a right to receive one share upon vesting. The RSUs vest ratably over a three‑year period and will vest in accordance with his employment agreement if his services end before the three years are complete.
Key Details
- Transaction date: February 25, 2026; Form filed February 27, 2026 (timely filing).
- Transaction type/code: Grant of restricted stock units (A).
- Amount: 172,106 RSUs; reported price: $0.00 (typical for RSU grants; value realized only when/if they vest and convert to shares).
- Vesting: Ratably over three years per Footnote F1; each RSU = right to one share.
- Post-transaction shares owned: Not specified in the provided filing excerpt.
- Other notes: Vesting if services cease follows the terms of the employment agreement.
Context RSU grants are compensation/retention awards, not open‑market purchases or sales. They don't immediately change public float until RSUs vest and are converted to shares (or sold). For retail investors, awards signal executive compensation alignment but are routine and do not by themselves indicate buying or selling sentiment.