Hamed Karim Wagdy 4
Research Summary
AI-generated summary
Littelfuse (LFUS) SVP Hamed Karim Wagdy Receives RSU Award
What Happened
Hamed Karim Wagdy, SVP & GM of the Semiconductor Business at Littelfuse (LFUS), was granted 1,521 restricted stock units (RSUs) on April 22, 2026. The reported acquisition price is $0.00 (award), so there was no cash outlay; the reported value in the Form 4 is $0. These RSUs are compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-22; Form 4 filed 2026-04-24 (reported within the standard two-business-day window).
- Transaction type/code: Award/Grant (code A). Price per share: $0.00. Total reported cash value: $0.
- Shares granted: 1,521 restricted stock units (RSUs).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Grant made under the Littelfuse/IXYS Long-Term Incentive Plan; vests in one-third increments annually beginning on the first anniversary of the grant (i.e., typical multi-year vesting).
Context
RSU grants are a form of compensation and do not represent an immediate purchase or sale of stock. Vesting conditions mean the recipient must typically remain employed (or meet other conditions) to receive shares, and forfeiture rules may apply. Such awards signal company compensation policy but are not direct indicators of insider buying or selling.