Form 4: Entegris SVP, Chief Financial Officer Linda LaGorga Reports Acquisition of Stock and Stock Options

Linda LaGorga, SVP and Chief Financial Officer of Entegris, Inc., reports the acquisition of common stock and employee stock options.

Summary

• Linda LaGorga, the SVP, Chief Financial Officer of Entegris, Inc. filed a Form 4 on April 3, 2025.
• The report details changes in her beneficial ownership of Entegris securities.
• On April 1, 2025, LaGorga acquired 10,672 shares of common stock and 19,112 employee stock options.
• The common stock was awarded at a price of $0, and the options have an exercise price of $86.2.
• The restricted stock units vest 25% per year beginning April 5, 2026, and the options also vest in four equal annual installments starting April 5, 2026.
• Following the reported transactions, LaGorga beneficially owns 29,363 shares of common stock and 19,112 derivative securities.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices and insider confidence, but doesn't contain any groundbreaking news.

Positives

• The acquisition of stock and options suggests confidence in the company's future performance from a key executive.
• The vesting schedules for both the stock and options incentivize long-term commitment from the CFO.

Future Outlook

The document does not contain explicit forward-looking statements, but the vesting schedules suggest a multi-year commitment from the executive.

Industry Context

This filing is a routine disclosure related to executive compensation and ownership, common in publicly traded companies. It reflects standard practices for incentivizing and retaining key personnel.

Comparison to Industry Standards

• Stock option grants and restricted stock units are common compensation tools for executives in the technology and manufacturing sectors, including companies like Applied Materials (AMAT) and Lam Research (LRCX).
• Vesting schedules of four years are typical to ensure long-term alignment with company goals.
• The specific amounts and terms would need to be compared against peer companies to assess relative generosity and performance incentives.

Stakeholder Impact

• The transactions have a minor positive impact on shareholders as they align executive interests with long-term company performance.
• Employees may view the stock and option grants as a positive sign of company health and executive commitment.

Key Dates

Keywords

Form 4, Entegris, LaGorga, Stock Options, Common Stock, Beneficial Ownership, ENTG, SVP, CFO