Nayar Deepak 4

What Happened

• Deepak Nayar, SVP & GM, Electronics Business at Littelfuse, had a total of 1,476 shares disposed (withheld) to satisfy tax withholding related to vested awards. The withholdings occurred on 2026-04-24 (656 shares total at $407.14), 2026-04-25 (423 shares at $407.14), and 2026-04-27 (397 shares at $403.02). The reported proceeds/values for each lot were $2,850; $264,234; $172,220; and $159,999, respectively — about $599,303 in aggregate. These were tax-withholding dispositions (code F), not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-04-24: 7 shares @ $407.14 = $2,850 (withholding)
  • 2026-04-24: 649 shares @ $407.14 = $264,234 (withholding)
  • 2026-04-25: 423 shares @ $407.14 = $172,220 (withholding)
  • 2026-04-27: 397 shares @ $403.02 = $159,999 (withholding)
• Total shares withheld: 1,476; total value ≈ $599,303.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1/F2 indicate the closing price on the vesting date (or prior trading date) was used to value dividend equivalents or restricted stock units; these transactions reflect tax withholding on vested awards.
• Filing timeliness: report filed 2026-04-28 for transactions dated 2026-04-24 to 2026-04-27 (no late filing indicated).

Context

• These disposals are routine tax-withholding actions when restricted stock units or similar awards vest — the company withholds shares to cover the insider’s tax liability. This is different from an open-market sale aimed at raising cash and does not by itself signal the insider’s buying/selling sentiment.