Chu Maggie 4

What Happened

• Maggie Chu, SVP and Chief Human Resources Officer at Littelfuse (LFUS), exercised 11,397 stock options on 2026-05-20 and sold the same number of shares that day. Exercises: 4,030 shares @ $231.64 ($933,509), 4,283 shares @ $240.76 ($1,031,175), and 3,084 shares @ $230.39 ($710,523) — total exercised cost shown $2,675,207. Sales: 8,926 shares @ $435.22 ($3,884,774), 2,408 shares @ $436.38 ($1,050,803), and 63 shares @ $437.37 ($27,554) — total proceeds ~$4,963,131. Transaction codes: M = option exercise, S = sale.

Key Details

• Transaction date: 2026-05-20 (Form 4 filed 2026-05-21 — timely filing).
• Exercise details (costs): 4,030 @ $231.64; 4,283 @ $240.76; 3,084 @ $230.39.
• Sale details (weighted averages): 8,926 @ $435.22 (range $435.00–$435.94, F1); 2,408 @ $436.38 (range $436.02–$436.93, F2); 63 @ $437.37 (range $437.02–$437.72, F3).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Notable footnotes: vesting schedules noted for the option grants (vested in one-third increments beginning one year after grants in 2022, 2023, 2024 — F4–F6). Exhibit 24 (Power of Attorney) included.
• No 10b5‑1 plan, gifts, or late-filing flags were indicated in the provided data.

Context

• This is an exercise of options immediately followed by same‑day sales (common "cashless" pattern): the filing shows acquisition by exercise (M) and concurrent disposition (S) of the same number of shares, rather than an open‑market purchase. Such transactions are often routine for covering option exercise costs, tax withholding, or taking gains; they are not, by themselves, a clear buy/sell sentiment signal.