Form 4: Entegris SVP, Chief Commercial Officer Reports Stock Transaction
SEC Form 4 Filing
Michael Besnard, SVP, Chief Commercial Officer of Entegris, Inc., reports a transaction involving common stock to cover tax obligations.
Summary
- On February 20, 2025, Michael Besnard, SVP, Chief Commercial Officer of Entegris, Inc., had 498 shares of common stock disposed of to satisfy tax withholding obligations.
- The transaction was executed at a price of $107.99 per share.
- Following the transaction, Besnard beneficially owns 13,516.25 shares of Entegris common stock, which includes 217.04 shares acquired under the Employee Stock Purchase Plan during the fiscal year ended December 31, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| December 31, 2024 | End of fiscal year during which 217.04 shares were acquired under the Entegris, Inc. Employee Stock Purchase Plan. |
| February 20, 2025 | Date of the transaction where 498 shares of common stock were disposed of to satisfy tax withholding obligations. |
| February 24, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Entegris, ENTG, Stock Transaction, Beneficial Ownership, Michael Besnard, SVP, Chief Commercial Officer, Tax Withholding
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