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LITTELFUSE INC /DE·4

Feb 6, 4:56 PM ET

Gorski Jeffrey G 4

Research Summary

AI-generated summary

Updated

Littelfuse SVP Jeffrey Gorski Exercises Options, Sells Shares

What Happened

  • Jeffrey Gorski, SVP & Chief Accounting Officer of Littelfuse (LFUS), exercised stock option/derivative rights to acquire 6,000 shares (3,500 on Feb 5, 2026; 2,500 on Feb 6, 2026) at $166.63 per share, for a total exercise cost of $999,780.
  • He sold 6,000 shares in open-market transactions across Feb 5–6, 2026 for a combined proceeds of approximately $2,023,363 (sales executed in multiple blocks at prices in the $328.64–$347.23 range). The Form 4 also shows corresponding derivative-disposition entries ($0 value) reflecting the conversion/cancellation of the options.

Key Details

  • Transaction dates and prices:
    • Exercised options: 3,500 shares @ $166.63 on 2026-02-05 (acq. $583,205); 2,500 shares @ $166.63 on 2026-02-06 (acq. $416,575).
    • Open-market sales on 2026-02-05: 1,170 @ $329.18; 1,033 @ $330.14; 749 @ $330.98; 548 @ $332.21 (group weighted averages noted in footnotes).
    • Open-market sales on 2026-02-06: 60 @ $344.97; 2,440 @ $346.94 (group weighted averages noted in footnotes).
    • Combined open-market sale proceeds ≈ $2,023,363.
  • Shares owned after transaction: Not specified in the information provided in this summary.
  • Footnotes: sale price groups reported as weighted averages (ranges shown in the filing; details available on request). Footnote also notes an option for 6,689 shares that vests in full on the third anniversary of the July 10, 2020 grant (see filing).
  • Timeliness: Report filed 2026-02-06 for transactions on 2026-02-05/06 — appears timely (no late-filing flag reported).

Context

  • This filing shows an exercise of options followed by immediate open-market sales of shares — commonly a cashless exercise or exercise-to-cover pattern used to pay exercise cost and taxes. The derivative-disposition ($0) entries reflect conversion/cancellation of the option rights, not separate cash sales.
  • Sales dominate the activity (proceeds ~ $2.02M); purchases here are option exercises (not open-market buys). This is a routine insider liquidity event and does not, by itself, indicate insider sentiment.