Form 4: Axcelis Technologies Executive Chairperson Puma Mary G Reports Changes in Beneficial Ownership
SEC Form 4
Mary G Puma, Executive Chairperson of Axcelis Technologies, reports a transaction involving common stock related to tax withholding obligations on vested restricted stock units.
Summary
- On May 9, 2024, Mary G Puma, the Executive Chairperson of Axcelis Technologies, engaged in a transaction involving the company's common stock.
- The transaction involved the forfeiture of 17,393 shares to cover tax withholding obligations related to the vesting of restricted stock units.
- The price per share for the forfeiture was $113.04.
- Following the transaction, Puma directly owns 231,976 shares of common stock and indirectly owns 5,000 shares held by their spouse.
- 5,252 of the directly held shares are issuable on vesting of restricted stock units granted to the executive under the 2012 Equity Incentive Plan and are subject to forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/09/2024 | Date of transaction: forfeiture of shares for tax withholding purposes related to vesting of restricted stock units. |
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