Ruppel David 4

What Happened
David Ruppel, Senior Vice President & GM, Transportation Business at Littelfuse (LFUS), exercised 1,113 stock options (strike $251.82) on 2026-02-02 and sold a total of 1,495 shares that same day. The exercise cost for the 1,113-option tranche was $280,276; the reported open-market sales were 1,113 shares at $320.78 ($357,028) and 382 shares at $322.31 ($123,122), for total sale proceeds of $480,150. One derivative line shows 1,113 shares disposed at $0, consistent with a cashless/covering transaction.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing).
• Exercise: 1,113 shares at $251.82 (total cash paid $280,276).
• Sales: 1,113 shares @ $320.78 ( $357,028 ) and 382 shares @ $322.31 ( $123,122 ); total proceeds $480,150.
• The filing shows a derivative disposition of 1,113 shares at $0, indicating shares were surrendered/used in the exercise/settlement process (cashless exercise or share-for-share cover).
• Shares owned after the transaction are not specified in the provided summary of the filing.
• Footnote: The option grant covers 3,337 shares and vests in three equal annual tranches starting Aug 14, 2024; 1,113 is one vested tranche (≈1/3).

Context
Because the exercised options and part of the position were sold the same day, this appears to be a cashless exercise and immediate disposition rather than a new long-term purchase. Sales by executives are common for liquidity/tax purposes and do not by themselves indicate company outlook.