Form 4: Entegris SVP, Chief Strategy Officer Olivier Blachier Sells Shares
SEC Form 4
Olivier Blachier, SVP, Chief Strategy Officer of Entegris, Inc., sold 1,986 shares of common stock on May 16, 2024, at a price of $133.84 per share.
Summary
- On May 16, 2024, Olivier Blachier, the SVP, Chief Strategy Officer of Entegris, Inc., sold 1,986 shares of the company's common stock.
- The sale was executed at a price of $133.84 per share.
- Following the transaction, Blachier directly owns 12,355.76 shares of Entegris common stock.
- The sale was conducted under a pre-arranged Rule 10b5-1 trading plan established on February 16, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction was pre-planned under a 10b5-1 trading plan and doesn't necessarily reflect the officer's current outlook on the company.
Industry Context
Insider transactions are routinely monitored by investors to gauge sentiment about a company's prospects, although sales under 10b5-1 plans are often pre-scheduled and may not reflect current sentiment.
Key Dates
| Date | Description |
|---|---|
| February 16, 2024 | Date the Rule 10b5-1 trading plan was established. |
| May 16, 2024 | Date of the stock sale transaction. |
| May 17, 2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.