Nayar Deepak 4

What Happened

• Deepak Nayar, SVP & GM, Electronics Business at Littelfuse, exercised stock options for 4,620 shares (2,287 @ $240.76 = $550,618; 2,333 @ $230.39 = $537,500) on May 18, 2026. On the same day he sold 5,911 shares in open-market transactions (2,287; 2,333; 1,291) at $446.78 per share for total proceeds of $2,640,917. The exercises required cash payments totaling $1,088,118.

Key Details

• Transaction dates: May 18, 2026 (exercises and open-market sales). Form filed May 20, 2026 (timely, two days after the trades).
• Exercise details: 2,287 shares at $240.76 and 2,333 shares at $230.39 (codes M = option exercise).
• Sales details: three open-market sales at $446.78 each for proceeds of $1,021,786; $1,042,338; and $576,793 (codes S = sale); total sales = $2,640,917.
• Shares acquired vs. sold: acquired 4,620 shares via exercise and sold 5,911 shares — the excess sold likely came from previously held shares or prior vesting.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes: F1 — option for 6,862 shares vests one-third annually starting Apr 27, 2023. F2 — option for 6,999 shares vests one-third annually starting Apr 25, 2024.
• Exhibit: Exhibit 24 (Power of Attorney) included.

Context

• These trades reflect option exercises followed by immediate open-market sales (a common "sell-to-cover" or cashless outcome). M = option exercise; S = sale. The filing shows routine executive liquidity activity; it is factual reporting of the transactions, not a commentary on company prospects.