secwatch.observer — SEC 8-K summary
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Issuer:     LITTELFUSE INC /DE (LFUS)
CIK:        0000889331
Form:       8-K
Filed at:   2024-01-05T23:59:59+00:00
Accession:  0000889331-24-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Littelfuse enters new Change of Control agreements with CEO and four executives; CEO multiple 3.0, others 2.0
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- New three-year Change of Control agreements effective Jan 1, 2024, replacing 2021 agreements; expire Dec 31, 2026.
- CEO David W. Heinzmann gets severance multiple of 3.0×; four other executives get 2.0×.
- Executives: Meenal A. Sethna (CFO), Ryan K. Stafford (EVP M&A/CLO), Maggie Chu (SVP HR), Deepak Nayar (SVP/GM Electronics).
- Terms substantially identical to prior 2021 agreements; no material change in benefits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889331/000088933124000004/0000889331-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889331/000088933124000004/lfus-20240101.htm
  HTML page:      https://secwatch.observer/filing/0000889331-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer