Littelfuse Reports Officer Compensation Arrangement Changes
Ticker: LFUS · Form: 8-K · Filed: Feb 1, 2024 · CIK: 889331
| Field | Detail |
|---|---|
| Company | Littelfuse Inc /De (LFUS) |
| Form Type | 8-K |
| Filed Date | Feb 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $2,500,000, $5,000,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: compensatory-arrangements, executive-compensation, corporate-governance
TL;DR
**LFUS filed an 8-K about officer compensation changes, but details are missing.**
AI Summary
This 8-K filing from Littelfuse, Inc. (LFUS) on February 1, 2024, reports an event that occurred on January 26, 2024, concerning changes in compensatory arrangements for certain officers. While the filing indicates a change in compensation, it does not specify the exact nature of these changes or the officers involved. For investors, this matters because executive compensation can influence management's incentives and the company's financial health, but without details, the impact is unclear.
Why It Matters
Changes in executive compensation can signal shifts in company strategy or performance incentives, directly impacting shareholder value.
Risk Assessment
Risk Level: low — The filing indicates a change in compensatory arrangements but lacks specific details, making it difficult to assess any immediate significant risk.
Analyst Insight
A smart investor would monitor future filings or company announcements for specific details regarding the compensatory arrangements to understand their potential impact on executive incentives and company performance.
Key Players & Entities
- LITTELFUSE INC /DE (company) — the registrant filing the 8-K
- January 26, 2024 (date) — date of the earliest event reported
- February 1, 2024 (date) — date the 8-K was filed
- 0000889331-24-000014 (other) — accession number of the filing
- 8755 W. Higgins Road , Suite 500 , Chicago , IL 60631 (other) — principal executive offices address
- 773-628-1000 (other) — registrant's telephone number
- $0.01 (dollar_amount) — par value per share of Common Stock
Forward-Looking Statements
- Littelfuse will provide more specific details regarding the compensatory arrangements in a future filing or announcement. (LITTELFUSE INC /DE) — medium confidence, target: 2024-03-31
FAQ
What specific event did Littelfuse, Inc. report in this 8-K filing?
Littelfuse, Inc. reported an event concerning 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as per Item 5.02 of Form 8-K, with the earliest event reported on January 26, 2024.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 26, 2024.
What is the trading symbol and exchange for Littelfuse, Inc.'s Common Stock?
Littelfuse, Inc.'s Common Stock trades under the symbol LFUS on the NASDAQ Global Select Market.
What is the par value per share of Littelfuse, Inc.'s Common Stock?
The par value per share of Littelfuse, Inc.'s Common Stock is $0.01.
What is the primary business address of Littelfuse, Inc. as stated in the filing?
The primary business address of Littelfuse, Inc. is 8755 W. Higgins Road, Suite 500, Chicago, IL 60631.
Filing Stats: 635 words · 3 min read · ~2 pages · Grade level 13.2 · Accepted 2024-02-01 11:12:18
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share LFUS NASDAQ Global Select Mar
- $2,500,000 — ) increase the maximum award limit from $2,500,000 to $5,000,000, (ii) remove references t
- $5,000,000 — maximum award limit from $2,500,000 to $5,000,000, (ii) remove references to Section 162(
Filing Documents
- lfus-20240126.htm (8-K) — 30KB
- lfus-2024annualincentivepl.htm (EX-10.1) — 68KB
- 0000889331-24-000014.txt ( ) — 238KB
- lfus-20240126.xsd (EX-101.SCH) — 2KB
- lfus-20240126_lab.xml (EX-101.LAB) — 25KB
- lfus-20240126_pre.xml (EX-101.PRE) — 13KB
- lfus-20240126_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1 Amended and Restated Annual Incentive Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Littelfuse, Inc. Date: February 1, 2024 By: /s/ Ryan K. Stafford Executive Vice President, Mergers & Acquisitions, Chief Legal Officer and Corporate Secretary