Nayar Deepak 4
4 · LITTELFUSE INC /DE · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Littelfuse (LFUS) SVP Deepak Nayar Exercises Options and Sells Shares
What Happened
- Deepak Nayar, SVP & GM, Electronics Business at Littelfuse, exercised stock options and immediately sold the resulting shares on Feb 2, 2026. He exercised two option tranches: 4,300 shares at $267.84 (cost $1,151,712) and 4,575 shares at $240.76 (cost $1,101,477), for a total exercise cost of $2,253,189. He sold a total of 8,875 common shares in multiple open-market transactions, generating aggregate proceeds of $2,853,745.
- These transactions are option exercises (code M) followed by open-market sales (code S). Selling the shares obtained by exercising the options is typically a cashless exercise pattern (exercise + immediate sale), which is a routine liquidity/tax-management action rather than an explicit bullish purchase.
Key Details
- Transaction date: February 2, 2026; Form filed February 4, 2026 (timely).
- Options exercised:
- 4,300 shares @ $267.84 = $1,151,712
- 4,575 shares @ $240.76 = $1,101,477
- Open-market sales (multiple trades; aggregated):
- 120 shares @ $325.50 = $39,060
- 320 shares @ $324.34 = $103,789
- 642 shares @ $323.50 = $207,687
- 2,406 shares @ $322.37 = $775,622
- 1,608 shares @ $321.39 = $516,795
- 3,779 shares @ $320.40 = $1,210,792
- Total sold: 8,875 shares for $2,853,745
- Footnotes:
- Sale price entries represent weighted averages across multiple trades; reported price ranges per footnotes (e.g., $320.00–$324.60 across lots). The filer will provide individual trade prices on request.
- Vesting: one option tranche (4,300) vested in thirds beginning Apr 22, 2022 (F6); another tranche (6,862 shares originally) vests in thirds beginning Apr 27, 2024 (F7).
- Shares owned after the transactions are not specified in the provided summary of the filing.
Context
- For retail investors: this is a standard option exercise plus immediate sale (cashless exercise), commonly used to realize gains and cover exercise cost/taxes. It does not by itself indicate the insider’s long‑term view of the stock.
- Transaction codes: M = exercised/converted derivative (option); S = open-market sale. No late filing was indicated.
Insider Transaction Report
Form 4
Nayar Deepak
SVP & GM Electronics Business
Transactions
- Exercise/Conversion
Common Stock
2026-02-02$267.84/sh+4,300$1,151,712→ 10,309 total - Exercise/Conversion
Common Stock
2026-02-02$240.76/sh+4,575$1,101,477→ 14,884 total - Sale
Common Stock
2026-02-02$325.50/sh−120$39,060→ 14,764 total - Sale
Common Stock
[F1]2026-02-02$324.34/sh−320$103,789→ 14,444 total - Sale
Common Stock
[F2]2026-02-02$323.50/sh−642$207,687→ 13,802 total - Sale
Common Stock
[F3]2026-02-02$322.37/sh−2,406$775,622→ 11,396 total - Sale
Common Stock
[F4]2026-02-02$321.39/sh−1,608$516,795→ 9,788 total - Sale
Common Stock
[F5]2026-02-02$320.40/sh−3,779$1,210,792→ 6,009 total - Exercise/Conversion
Stock Option (right to buy)
[F6]2026-02-02−4,300→ 0 totalExercise: $267.84Exp: 2028-04-22→ Common Stock (4,300 underlying) - Exercise/Conversion
Stock Option (right to buy)
[F7]2026-02-02−4,575→ 2,287 totalExercise: $240.76Exp: 2030-04-27→ Common Stock (4,575 underlying)
Footnotes (7)
- [F1]The shares were sold in multiple transactions at prices ranging from $324.17 to $324.60, inclusive. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F2]The shares were sold in multiple transactions at prices ranging from $323.00 to $323.85, inclusive. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F3]The shares were sold in multiple transactions at prices ranging from $322.01 to $322.94, inclusive. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F4]The shares were sold in multiple transactions at prices ranging from $321.03 to $321.98, inclusive. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F5]The shares were sold in multiple transactions at prices ranging from $320.00 to $320.89, inclusive. This amount represents the weighted average sale price of such transactions. The reporting person undertakes to provide full information regarding the number of shares sold at each separate price upon request of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F6]The option for 4,300 shares vested in increments of one third annually beginning on the first anniversary of the April 22, 2021 date of grant.
- [F7]The option for 6,862 shares vested in increments of one third annually beginning on the first anniversary of the April 27, 2023 date of grant.
Signature
/s/Ryan K. Stafford, Power of Attorney|2026-02-04