Form 4: Entegris CEO Bertrand Loy Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Entegris CEO Bertrand Loy disposed of 4,619 shares of common stock on April 5, 2025, to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- Bertrand Loy, the President and CEO of Entegris, Inc., reported a transaction involving the disposal of company stock.
- On April 5, 2025, Mr. Loy disposed of 4,619 shares of Entegris common stock.
- The disposal was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $65.39, based on the closing price on April 4, 2025, the last trading day before the vesting date.
- Following the transaction, Mr. Loy directly owns 305,820 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily reflect a positive or negative outlook on the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Closing price of Entegris common stock used for tax withholding calculation. |
| 04/05/2025 | Date of stock disposal to cover tax obligations. |
| 04/08/2025 | Date of Form 4 filing. |
Keywords
Entegris, Bertrand Loy, stock disposal, Form 4, tax withholding, restricted stock units, ENTG
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