14,023 RSUs granted to Vishay (NYSE: VSH) EVP Michael O'Sullivan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vishay Intertechnology reported that executive vice president and chief administrative and legal officer Michael Shamus O'Sullivan acquired 14,023 shares of common stock through a grant of restricted stock units. These units vest in equal installments over three years, with each unit converting into one share. Following this award, his directly held common stock increased to 35,491 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Sullivan Michael Shamus
Role
EVP Chief Admin & LegalOfficer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,023 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 35,491 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What did Vishay (VSH) disclose in this Form 4 for Michael O'Sullivan?
Vishay disclosed that executive Michael Shamus O'Sullivan received 14,023 restricted stock units as an equity award. These units convert into common shares over time, increasing his direct ownership to 35,491 shares after the grant.
How do the 14,023 restricted stock units for VSH vest over time?
The 14,023 restricted stock units vest ratably over a three-year period. This means they convert into Vishay common shares in equal installments each year, assuming continued service or as otherwise specified in his employment agreement.
Does Michael O'Sullivan pay cash for the 14,023 VSH restricted stock units?
No cash payment is involved for this grant; the restricted stock units were awarded at a stated price of $0.00 per share. They are part of Vishay’s 2023 Long-Term Incentive Plan and vest into shares over three years.
What plan governs the 14,023 restricted stock unit grant at Vishay (VSH)?
The 14,023 restricted stock units were granted under Vishay’s 2023 Long-Term Incentive Plan. The plan provides equity-based awards to executives, with vesting and other terms further governed by each executive’s employment agreement.