Form 4: Axcelis EVP Evans Reports RSU Vesting, Tax Withholding
Insider Transaction Report
Axcelis Technologies EVP Eileen Evans reported the forfeiture of 1,378 shares for tax withholding purposes following the vesting of restricted stock units.
Summary
- Eileen Evans, EVP, General Counsel, and Secretary of Axcelis Technologies Inc. (ACLS), filed a Form 4 detailing a transaction.
- On December 16, 2025, 1,378 shares of common stock were disposed of (forfeited) for tax withholding purposes.
- This forfeiture relates to the vesting of 2,850 service vesting restricted stock units (RSUs) granted in December 2024.
- The shares were valued at $86.32 per share, representing the closing price on the date of tax withholding.
- Following this transaction, Eileen Evans beneficially owns 24,406 shares of common stock directly.
- Of the shares held, 22,934 are issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan and remain subject to forfeiture conditions.
Sentiment
Score: 5
Explanation: The filing describes a routine insider transaction related to RSU vesting and tax withholding, which is a neutral event and does not indicate positive or negative sentiment towards the company's performance or prospects.
Risks
- 22,934 shares beneficially owned by the reporting person are issuable on vesting of restricted stock units and are subject to forfeiture.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is common across publicly traded companies, particularly those that utilize restricted stock units as part of their executive incentive plans. It does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes related to executive compensation. It reflects the ongoing compensation structure for executives.
Key Dates
| Date | Description |
|---|---|
| 12/16/2025 | Date of transaction, relating to the vesting of 2,850 service vesting restricted stock units and subsequent forfeiture of shares for tax withholding. |
| 12/18/2025 | Date the Form 4 was signed by Eileen J. Evans. |
Keywords
Axcelis Technologies, ACLS, Eileen Evans, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Equity Incentive Plan
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