Form 4: Entegris Director Rodney Clark Acquires 1,643 Shares of Common Stock
SEC Form 4
Director Rodney Clark acquired 1,643 shares of Entegris Inc. common stock as Restricted Stock Units on April 24, 2024.
Summary
- Rodney Clark, a director of Entegris Inc., filed a Form 4 on April 25, 2024, reporting a transaction.
- On April 24, 2024, Clark acquired 1,643 shares of Entegris common stock as Restricted Stock Units (RSUs).
- The RSUs were awarded under the Entegris, Inc. 2020 Stock Plan as compensation for services as an independent director.
- 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, Clark directly owns 8,224 shares of Entegris common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director, neither particularly positive nor negative.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Future Outlook
The Restricted Stock Units vest on the earlier of the first anniversary of the grant date or the date of the company's 2025 Annual Meeting of Stockholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/24/2024 | Date of transaction: Rodney Clark acquired 1,643 shares of Entegris common stock as Restricted Stock Units. |
| 04/25/2024 | Date of Form 4 filing. |
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