secwatch.observer — SEC 8-K summary
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Issuer:     LITTELFUSE INC /DE (LFUS)
CIK:        0000889331
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000889331-24-000014
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Littelfuse amends annual incentive plan; max award limit doubled to $5M
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- Board approved amended plan effective Jan 1 2024; max award raised from $2.5M to $5M.
- Removed Section 162(m) references per TCJA; committee gains discretion to adjust awards up or down.
- Payments now explicitly subject to clawback per company's Compensation Recovery Policy.
- Plan continues indefinitely; applies to all key employees including named executive officers.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889331/000088933124000014/0000889331-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889331/000088933124000014/lfus-20240126.htm
  HTML page:      https://secwatch.observer/filing/0000889331-24-000014

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