Form 4: Entegris SVP and General Counsel Joseph Colella Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Joseph Colella, SVP and General Counsel of Entegris, Inc., reported disposing of 366 shares of common stock to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On May 15, 2024, Joseph Colella, the SVP and General Counsel of Entegris, Inc., disposed of 366 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations upon the settlement of restricted stock units.
- The shares were disposed of at a price of $133.96 per share.
- Following the transaction, Colella directly owns 30,325.6 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their beneficial ownership of company stock. This transaction is related to tax obligations, which is a common reason for stock disposals.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock disposal transaction. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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