Stafford Ryan K 4

What Happened
Ryan K. Stafford, Executive Vice President, Chief Legal Officer & Corporate Secretary of Littelfuse (LFUS), exercised 16,839 stock options on Feb 2, 2026 at an exercise price of $132.08, resulting in acquisition cost of $2,224,095. The filing shows open-market sales that day disposing of 16,839 shares in total (three grouped sales) for combined proceeds of $5,476,872 (weighted average prices shown). The net effect in the filing is an exercise followed by same-day sales (i.e., the acquired shares were sold).

Key Details

• Transaction date: 2026-02-02; exercise price $132.08 for 16,839 shares (total cost $2,224,095).
• Sales: 109 shares @ weighted avg $327.15; 623 shares @ weighted avg $326.45; 16,107 shares @ weighted avg $325.19. Total shares sold = 16,839; total proceeds = $5,476,872.
• Footnotes: sales prices reflect multiple transactions within ranges (F1: $327.01–$327.55; F2: $326.06–$326.93; F3: $325.00–$325.99); the filer will provide per-price breakdown on request. F4 notes the option vested in one-third increments annually beginning April 23, 2020.
• Shares owned after the transactions: not specified in the filing.
• Filing timeliness: report filed Feb 4, 2026 for transactions on Feb 2, 2026 (no late-filing indicator shown).

Context

• The pattern (exercise combined with same-day sales) is commonly a cashless exercise or sale-to-cover arrangement: the filer acquires shares by exercising options and sells them immediately. The filing includes an option conversion/disposition line reported at $0.00, which reflects the derivative conversion/reporting mechanics in the Form 4.
• For retail investors: purchases are often viewed as stronger signals than sales. Here, the net result was a large insider sale of shares acquired through option exercise; the filing is factual and does not state the insider’s motive.