Form 4: Axcelis Technologies EVP and CFO James Coogan Acquires 100 Shares of Common Stock

James Gordon Coogan, EVP and CFO of Axcelis Technologies, purchased 100 shares of the company's common stock at a price of $112.23 per share on February 29, 2024.

Summary

• On February 29, 2024, James Gordon Coogan, the EVP and CFO of Axcelis Technologies, Inc. (ACLS), acquired 100 shares of common stock.
• The purchase price was $112.23 per share.
• Following the transaction, Mr. Coogan directly owns 5,991 shares of Axcelis Technologies' common stock.
• 5,891 of these shares are issuable on vesting of restricted stock units granted to Mr. Coogan under the 2012 Equity Incentive Plan and are subject to forfeiture.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to an insider stock purchase, which is generally neutral in sentiment. It reflects routine activity and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors as they can provide signals about management's confidence in the company's prospects.

Stakeholder Impact

• The purchase of shares by a company executive can sometimes be viewed positively by shareholders as it signals confidence in the company's future performance.

Key Dates