ENTG.NASDAQEntegris INC

Form 4: Entegris Director Receives Stock Award

Sentiment:

SEC Form 4 Filing


A director of Entegris, Inc. received 2,897 shares of common stock in the form of Restricted Stock Units as compensation for services.

Summary

  • On April 23, 2025, Mary Puma, a director of Entegris, Inc., was awarded 2,897 shares of common stock in the form of Restricted Stock Units (RSUs).
  • The RSUs were granted under the company's 2020 Stock Plan as compensation for her services as an independent director.
  • These RSUs will vest on the earlier of April 23, 2026, or the date of the company's 2026 Annual Meeting of Stockholders.
  • Following the transaction, Ms. Puma directly owns 4,104 shares of Entegris common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a standard compensation practice, indicating confidence in the director's continued service and alignment with shareholder interests.

Positives

  • The award of RSUs aligns the director's interests with those of the shareholders.
  • The vesting schedule encourages continued service by the director.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

This type of stock award is a common practice for compensating board members in publicly traded companies, aligning their interests with shareholders.

Comparison to Industry Standards

  • Granting stock options and restricted stock units to board members is a common practice among publicly traded companies, including competitors like Cabot Microelectronics (now part of Entegris) and CMC Materials.
  • The size of the grant is likely determined by factors such as company size, board compensation policies, and individual contributions.
  • Benchmarking against similar companies would provide a more detailed assessment of the grant's value relative to industry standards.

Stakeholder Impact

  • The stock award aligns the director's interests with those of shareholders.
  • The vesting schedule encourages continued service by the director, potentially benefiting the company and its stakeholders.

Key Dates

DateDescription
04/23/2025Date of the transaction: Director Mary Puma was awarded 2,897 shares of common stock as Restricted Stock Units.
04/23/2026First possible vesting date for the Restricted Stock Units (one year anniversary of grant date).
2026 Annual Meeting of StockholdersSecond possible vesting date for the Restricted Stock Units.
04/25/2025Date of the Form 4 filing.

Keywords

Entegris, Director, Stock Award, Restricted Stock Units, ENTG, Compensation, Form 4

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