secwatch.observer — SEC 8-K summary
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Issuer:     LITTELFUSE INC /DE (LFUS)
CIK:        0000889331
Form:       8-K
Filed at:   2025-05-27T23:59:59+00:00
Accession:  0000889331-25-000109
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Littelfuse appoints Abhi Khandelwal as CFO effective June 18, 2025; Meenal Sethna to advise transition
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- Khandelwal most recently CFO of IDEX Corporation; brings 20+ years financial/operational experience.
- Base salary $650K, target bonus 85% of base, initial equity award 250% of base (prorated for 2025).
- Signs on with $250K cash bonus and $2M sign-on equity (PSUs + RSUs), vesting tied to TSR vs Russell 3000.
- Current CFO Meenal Sethna will remain as strategic advisor to ensure smooth transition.
- Khandelwal to enter change of control agreement with 1.5x severance multiple through Dec 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889331/000088933125000109/0000889331-25-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889331/000088933125000109/lfus-20250527.htm
  HTML page:      https://secwatch.observer/filing/0000889331-25-000109

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