Form 4: Entegris Director Yvette Kanouff Reports Acquisition of Restricted Stock Units

Director Yvette Kanouff reports the acquisition of 1,643 restricted stock units (RSUs) of Entegris, Inc. on April 24, 2024.

Summary

• Yvette Kanouff, a director of Entegris, Inc., filed a Form 4 on April 25, 2024, reporting a transaction.
• On April 24, 2024, Kanouff acquired 1,643 shares of common stock in the form of Restricted Stock Units (RSUs).
• The RSUs were awarded at a price of $0 per share.
• Following the transaction, Kanouff directly owns 8,224 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 2025 Annual Meeting of Stockholders.
• The RSUs were awarded pursuant to the Entegris, Inc. 2020 Stock Plan as compensation for services as an independent director.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director. The acquisition of RSUs is generally a positive sign, but it's a routine event.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

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, indicating a vesting period tied to continued service.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The acquisition of RSUs by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates