LU KEH SHEW 4

What Happened
Lu Keh Shew, a director of Diodes Incorporated (DIOD), sold a total of 111,000 shares on February 20, 2026 in two open-market sales: 46,734 shares at a weighted-average price of $67.78 (proceeds $3,167,845) and 64,266 shares at a weighted-average price of $67.74 (proceeds $4,353,257). Combined proceeds were about $7.52 million. These are sales (code S) and generally represent liquidity events rather than a purchase-based endorsement of the stock.

Key Details

• Transaction dates: February 20, 2026 (reported on Form 4 filed Feb 24, 2026). The filing does not indicate a late filing flag.
• Per-trade weighted averages: 46,734 shares @ $67.78 (≈ $3.17M); 64,266 shares @ $67.74 (≈ $4.35M). Total ≈111,000 shares for ≈$7.52M.
• Price range: Footnotes state these sales were executed in multiple transactions at prices ranging from $65.53 to $68.995; the reported prices are weighted averages (footnotes F1 and F2).
• Ownership after transaction: The filing excerpt provided does not state total shares beneficially owned after the sales. Footnote F3 notes beneficial ownership was decreased by 42,000 shares because a 2023 PSU award had no settlement.
• Transaction type: Open-market or private sale (S). No 10b5-1 plan, tax-withholding, or other special plan is disclosed in the provided notes.

Context

• Sales by directors are common and can be for personal liquidity or diversification; they are not direct indicators of company performance. Because these were outright sales (not option exercises or grants), there was no immediate issuance or exercise-related dilution reported here.
• If you track insider activity as a signal, purchases generally carry more weight than routine sales; treat this sale as factual information about insider selling on Feb 20, 2026 rather than a definitive market signal.