Form 4: Amtech Systems CEO Reports Stock Transactions
SEC Form 4 Filing
Robert C. Daigle, Chairman and CEO of Amtech Systems, reports acquisition and disposal of company stock and restricted stock units.
Summary
- On August 14, 2024, Robert C. Daigle, Chairman and CEO of Amtech Systems, reported transactions involving Amtech Systems, Inc. common stock.
- Daigle acquired 55,556 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 15,472 shares were disposed of to cover tax withholding obligations at a price of $6.36 per share.
- Following these transactions, Daigle directly owns 149,037 shares of Amtech Systems, Inc. common stock.
- The restricted stock units were granted on August 14, 2023, and vested fully on August 14, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and their potential impact on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of the CEO as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 08/14/2023 | Restricted stock units were granted. |
| 08/14/2024 | Vesting of restricted stock units and stock transactions occurred. |
| 08/16/2024 | Date of signature on the Form 4 filing. |
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