Form 4: Entegris Director Yvette Kanouff Acquires Shares as Restricted Stock Units
SEC Form 4 Filing
Director Yvette Kanouff acquired 2,897 shares of Entegris, Inc. as Restricted Stock Units on April 23, 2025.
Summary
- Yvette Kanouff, a director of Entegris, Inc., reported a transaction on April 23, 2025.
- She acquired 2,897 shares of Common Stock as Restricted Stock Units (RSUs).
- The RSUs were awarded at a price of $0 per share.
- Following the transaction, Ms. Kanouff beneficially owns 11,121 shares of Entegris Common Stock.
- The RSUs vest on the earlier of the first anniversary of the grant date or the date of the Company's 2026 Annual Meeting of Stockholders.
- The shares were awarded pursuant to the Entegris, Inc. 2020 Stock Plan as compensation for services as an independent director.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock ownership changes. The acquisition of shares by a director is generally viewed as a slightly positive sign, but it's not a major event.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.
- The RSUs are part of the Entegris, Inc. 2020 Stock Plan, which is designed to incentivize independent directors.
Future Outlook
The document does not contain specific forward-looking statements about the company's future performance, but the vesting of the RSUs is tied to future dates.
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.
Comparison to Industry Standards
- Stock-based compensation for directors is a common practice among publicly traded companies to align their interests with those of shareholders.
- The vesting schedule of the RSUs is typical, often tied to service periods or company milestones.
- Companies like Applied Materials (AMAT) and Lam Research (LRCX), which are competitors of Entegris, also utilize stock-based compensation for their directors and executives.
Stakeholder Impact
- Shareholders may view the director's increased stake in the company positively.
- The stock plan impacts employees and directors through equity-based compensation.
Key Dates
| Date | Description |
|---|---|
| 04/23/2025 | Date of transaction: Yvette Kanouff acquired Restricted Stock Units. |
| 04/23/2026 | First possible vesting date of the Restricted Stock Units (one year anniversary of grant). |
| 2026 Annual Meeting of Stockholders | Second possible vesting date of the Restricted Stock Units. |
| 04/25/2025 | Date of Form 4 filing. |
Keywords
Entegris, Director, Kanouff, Restricted Stock Units, RSU, ENTG, Stock Plan, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.