Form 4: Axcelis Technologies Director Gregory B. Graves Reports Acquisition of Shares Through Restricted Stock Units
SEC Form 4 Filing
Director Gregory B. Graves reports acquiring 3,586 shares of Axcelis Technologies through the vesting of restricted stock units.
Summary
- On May 15, 2025, Gregory B. Graves, a director of Axcelis Technologies, acquired 3,586 shares of common stock due to the vesting of restricted stock units.
- The shares were acquired at a price of $0.
- Following the transaction, Graves beneficially owns 7,258 shares of Axcelis Technologies common stock.
- 4,591 of the shares held are issuable on vesting of restricted stock units and are subject to forfeiture.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard transaction related to executive compensation. The director's increased stake could be seen as mildly positive.
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, 2026, assuming the director completes their current term of service on the Board of Directors.
Industry Context
This is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of Power of Attorney execution. |
| 05/15/2025 | Date of transaction: Acquisition of shares through vesting of restricted stock units. |
| 05/15/2026 | Date of vesting of restricted stock units, assuming completion of the director's current term of service. |
Keywords
Axcelis Technologies, Director, Share Acquisition, Restricted Stock Units, Form 4, Beneficial Ownership, Equity Incentive Plan
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