LU KEH SHEW 4
Research Summary
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Diodes (DIOD) Director Lu Keh Shew Sells 12,350 Shares
What Happened Lu Keh Shew, a director of Diodes Inc (DIOD), had 12,350 vested restricted stock unit (RSU) shares withheld to cover income taxes, recorded as a disposition on Feb 2, 2026. The shares are reported at $60.66 per share, for a total value of approximately $749,151. This transaction is a tax-withholding event (disposition), not a voluntary open-market sale.
Key Details
- Transaction date: 2026-02-02; Price: $60.66 per share; Total value: ~$749,151.
- Transaction code: F — shares withheld to satisfy tax withholding on vested RSUs.
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: 2026-02-04 (filed two days after the transaction; appears timely under Form 4 rules).
- Footnotes:
- F1: Vested RSU shares were automatically withheld to cover income tax.
- F2: Some shares are held in custodial accounts for the reporting person's minor grandchildren; the reporting person disclaims beneficial ownership of those custodial shares.
Context Withholding shares to cover taxes on vested RSUs is a common, routine administrative transaction and does not necessarily indicate a personal decision to sell. The filing records the shares as disposed for tax purposes rather than an open-market sale. The custodial-account note clarifies certain shares are held for minors and are not claimed as the director’s beneficial ownership.