Chu Maggie 4

What Happened

• Maggie Chu, SVP and Chief Human Resources Officer at Littelfuse (LFUS), exercised 2,061 stock options on Feb 4, 2026 at an exercise price of $262.75 per share (cost $541,528) and sold the 2,061 shares the same day in open-market transactions for a weighted average price of $326.71 per share (gross proceeds $673,349). The exercise resulted in an approximate pre-tax gross gain of $131,821 (proceeds minus exercise cost) before fees and taxes.
• The filing shows the option position was disposed (reported as the derivative being removed) in connection with the exercise.

Key Details

• Transaction date: 2026-02-04; Form filed 2026-02-05 (filed timely).
• Exercise: 2,061 shares at $262.75/share = $541,528 (code M).
• Sale: 2,061 shares at weighted avg $326.71/share = $673,349 (code S). Sales occurred at prices ranging $326.68–$327.40 per footnote.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes: F1 notes the sale prices ranged $326.68–$327.40 and the weighted average is provided; F2 describes the original option vesting schedule (2,061 shares vest in one‑third annual increments starting June 1, 2021).
• Transaction codes: M = option exercise/conversion; S = open-market sale. The derivative disposal entry reflects the option being exercised/canceled.

Context

• This was an exercise-and-sell (often called a cashless or same‑day sale): the options were exercised and the resulting shares were sold immediately. That sequence is common for executives converting option value to cash and does not by itself indicate future company outlook.
• The filing does not indicate a 10% owner status or the presence of a 10b5-1 plan.