Form 4: Entegris CEO Bertrand Loy Reports Stock Transactions Following Performance Share Unit Settlement
SEC Form 4 Filing
Entegris CEO Bertrand Loy reports acquisition and disposal of company stock related to the settlement of performance share units and tax obligations.
Summary
- On February 19, 2025, Bertrand Loy, the President and CEO of Entegris, Inc., acquired 12,671 shares of common stock related to the settlement of performance share units for the 2022-2024 performance cycle.
- These shares were awarded under the Entegris, Inc. 2020 Stock Plan as compensation for services as an employee.
- On February 20, 2025, Mr. Loy disposed of 6,127 shares of common stock at a price of $107.99 per share to satisfy tax withholding obligations related to the settlement of the performance share units.
- Following these transactions, Mr. Loy directly owns 269,612 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's stock ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Acquisition of 12,671 shares of common stock due to settlement of performance share units. |
| 02/20/2025 | Disposal of 6,127 shares of common stock at $107.99 to satisfy tax withholding obligations. |
| 02/21/2025 | Date of signature for the Form 4 filing. |
Keywords
Entegris, Bertrand Loy, Stock, Form 4, Performance Share Units, ENTG, CEO, Tax Withholding
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