Form 4: Entegris Executive Daniel D. Woodland Executes Stock Options and Sells Shares
SEC Form 4 Filing
Daniel D. Woodland, President of APS Division at Entegris, exercised stock options and sold shares of common stock on July 11, 2024, according to a Form 4 filing with the SEC.
Summary
- On July 11, 2024, Daniel D. Woodland, President of the APS Division at Entegris, exercised employee stock options to acquire 2,477 shares at $50.85 and 12,523 shares at $55.88.
- Simultaneously, Woodland sold 2,477 shares and 12,523 shares of Entegris common stock at $145 per share.
- Following these transactions, Woodland directly owns 37,456.68 shares of Entegris common stock.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan established on February 16, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects routine executive stock transactions under a pre-arranged trading plan.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are closely monitored by investors for insights into management's perspective on the company's value and future prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the pre-arranged trading plan mitigates concerns about insider information.
Key Dates
| Date | Description |
|---|---|
| 02/16/2024 | Date of establishment of Rule 10b-5 Trading Plan |
| 07/11/2024 | Date of stock option exercise and stock sale transactions |
| 07/12/2024 | Date of signature on the Form 4 filing |
| 12/05/2027 | Expiration date of one of the employee stock options |
| 12/06/2028 | Expiration date of one of the employee stock options |
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