Form 4: Entegris SVP and General Counsel Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Joseph Colella, SVP and General Counsel of Entegris, disposed of 383 shares of common stock to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On April 5, 2025, Joseph Colella, SVP and General Counsel of Entegris, disposed of 383 shares of Entegris common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $65.39 per share, based on the closing price on April 4, 2025, the last trading day before the vesting date.
- Following the transaction, Colella beneficially owns 37,752.85 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations arising from vested stock awards, a common practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Closing price of Entegris common stock used for tax withholding calculation. |
| 04/05/2025 | Date of stock disposal to cover tax obligations. |
| 04/08/2025 | Date of signature on the Form 4 filing. |
Keywords
Entegris, Joseph Colella, stock disposal, Form 4, tax withholding, restricted stock units, ENTG, beneficial ownership
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