53241-1 is a pre-insulated PLASTI-GRIP solderless locking fork terminal manufactured by TE Connectivity. It is designed for 22-16 AWG (0.26-1.65 mm²) wire sizes and accommodates #8 (M4) stud sizes. The terminal features a width of 0.244 inch (6.20 mm), length of 0.872 inch (22.15 mm), and a wire barrel minimum inside diameter of 0.140 inch (3.56 mm). The PVC insulation sleeve provides good dielectric strength and supports wire insulation to prevent exposed bare wire. This terminal is UL listed/CSA approved with 94V-0 rated insulation, suitable for 600V operating voltage and 105°C maximum operating temperature, making it ideal for applications in panel boxes, motors, switchgear, power supplies, HVAC, and lighting systems.