Form 4: Axcelis Technologies Director Gregory B. Graves Reports Acquisition of Common Stock

Director Gregory B. Graves reported the acquisition of 1,162 shares of Axcelis Technologies common stock on May 15, 2024, through the vesting of restricted stock units.

Summary

• On May 15, 2024, Gregory B. Graves, a director of Axcelis Technologies, Inc., acquired 1,162 shares of common stock.
• The acquisition was due to the vesting of restricted stock units granted under the company's 2012 Equity Incentive Plan.
• These restricted stock units were granted on May 15, 2024, and will vest on May 15, 2025, assuming the director completes their current term of service on the Board of Directors.
• Following the transaction, Graves beneficially owns 3,172 shares of Axcelis Technologies common stock, all of which are issuable upon the vesting of restricted stock units and are subject to forfeiture.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard transaction related to director compensation. The acquisition of shares by a director is generally viewed as a positive sign, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest on May 15, 2025, assuming the director completes their current term of service on the Board of Directors.

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies as part of their compensation and incentive plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates