Form 4: Entegris SVP, Chief Commercial Officer Michael Besnard Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Besnard, SVP, Chief Commercial Officer of Entegris, Inc., reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On April 5, 2025, Michael Besnard, SVP, Chief Commercial Officer of Entegris, Inc., had 220 shares of common stock withheld to satisfy tax obligations upon the vesting of restricted stock units.
- The shares were withheld at a price of $65.39 per share, which was the closing price on April 4, 2025, the last trading day before the vesting date.
- Following the transaction, Besnard beneficially owns 17,936.25 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation. It doesn't indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Closing price of Entegris common stock used for tax withholding calculation. |
| 04/05/2025 | Date of transaction: shares withheld for tax obligations. |
| 04/08/2025 | Date of report signature. |
Keywords
Form 4, Beneficial Ownership, Entegris, ENTG, Michael Besnard, Restricted Stock Units, Tax Withholding, Securities
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