Form 4: Entegris SVP & CTO James O'Neill Reports Stock and Option Awards

James O'Neill, SVP & CTO of Entegris, reports the acquisition of restricted stock units and stock options as part of employee compensation.

Summary

• James O'Neill, SVP & CTO of Entegris, filed a Form 4 on April 3, 2025, reporting changes in beneficial ownership of Entegris stock.
• On April 1, 2025, O'Neill was awarded 4,060 shares of common stock in the form of restricted stock units (RSUs) and an option to purchase 7,268 shares of common stock.
• The RSUs vest in four equal annual installments beginning on April 5, 2026, and continuing on April 5 of the following three years.
• The stock options also vest in four equal annual installments beginning on April 5, 2026, and continuing on April 5 of the following three years.
• Following the reported transactions, O'Neill beneficially owns 15,892.218 shares of Entegris common stock and options to purchase 7,268 shares.
• The filing also corrects a discrepancy of 23 shares in a previous Form 4 filed on February 24, 2025, related to tax withholding obligations.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The correction of a previous filing shows attention to detail.

Positives

• The grant of stock options and restricted stock units aligns O'Neill's interests with those of Entegris shareholders.
• The vesting schedule encourages long-term commitment from O'Neill.

Future Outlook

The vesting schedule of the RSUs and stock options suggests a continued commitment from James O'Neill to Entegris over the next four years.

Industry Context

Stock option and RSU grants are common compensation practices for executives in publicly traded companies, aligning their interests with shareholder value and incentivizing long-term performance.

Comparison to Industry Standards

• Entegris's executive compensation practices, including stock options and RSUs, are generally in line with industry standards for technology companies of similar size and market capitalization.
• Companies like Applied Materials (AMAT) and Lam Research (LRCX) also utilize similar equity-based compensation strategies for their executives.

Stakeholder Impact

• The equity-based compensation structure aligns the executive's interests with those of shareholders, potentially driving long-term value creation.
• Employees may view the executive's compensation as a sign of the company's commitment to its leadership.

Key Dates

Keywords

Form 4, Entegris, Stock Options, Restricted Stock Units, Beneficial Ownership, James O'Neill, ENTG