McConnell David 4
Research Summary
AI-generated summary
Vishay (VSH) CFO David McConnell Receives RSU Award
What Happened
David McConnell, Chief Financial Officer of Vishay Intertechnology (VSH), received a grant of 50,994 restricted stock units (RSUs) on February 25, 2026. The RSUs were awarded at $0.00 (no immediate cash cost or sale proceeds) and represent a right to receive one share of Vishay common stock per RSU when vested.
Key Details
- Transaction date: February 25, 2026; Form 4 filed: February 27, 2026 (timely filing).
- Grant: 50,994 RSUs; acquisition price reported as $0.00 (award). Immediate cash value = $0; future value depends on share price at vesting.
- Shares owned after transaction: Not specified in this Form 4 filing.
- Footnote summary (F1): RSUs granted under Vishay’s 2023 Long‑Term Incentive Plan. The 50,994 RSUs vest ratably over three years. If McConnell’s service ends before the three‑year period, vesting will follow his employment agreement. Each RSU equals the right to one share of common stock.
Context
RSU grants are a form of compensation and do not involve an open‑market buy or sell; they vest into shares over time and thus don’t signal an immediate cash investment or liquidation by the insider. The economic benefit to the insider depends on future stock performance and the vesting schedule. This Form 4 reports a standard executive compensation award rather than a market transaction.