Form 4: Entegris Director David Reeder Reports Acquisition of Restricted Stock Units

Director David Reeder reports acquisition of 1,643 restricted stock units in Entegris, Inc.

Summary

• On April 24, 2024, David Reeder, a director of Entegris, Inc., acquired 1,643 shares of common stock in the form of Restricted Stock Units (RSUs).
• These RSUs were awarded as compensation for services as an independent director under the company's 2020 Stock Plan.
• The RSUs vest on the earlier of the first anniversary of the grant date or the date of the company's 2025 Annual Meeting of Stockholders.
• Following the transaction, Reeder directly owns 1,833 shares of Entegris common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction of stock units to a director. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.
• The vesting schedule aligns the director's interests with those of the shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of key personnel.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the compensation and holdings of a key company director.

Key Dates