ENTG.NASDAQEntegris INC

Form 4: Entegris SVP, Global Human Resources, Susan G. Rice, Reports Acquisition of Restricted Stock Units and Stock Options

Sentiment:

SEC Form 4


Susan G. Rice, SVP, Global Human Resources at Entegris, Inc., reports the acquisition of restricted stock units and stock options, along with a correction to a previously reported share amount.

Summary

  • On April 1, 2025, Susan G. Rice, SVP, Global Human Resources at Entegris, Inc., acquired 7,656 shares of common stock in the form of restricted stock units and 13,708 employee stock options.
  • The restricted stock units vest in four equal annual installments beginning on April 5, 2026.
  • The stock options have an exercise price of $86.2 and also vest in four equal annual installments beginning on April 5, 2026.
  • Ms. Rice now beneficially owns 57,277.004 shares of common stock.
  • The report also corrects a discrepancy in the amount of shares withheld to satisfy tax withholding obligations, reflecting 88 more shares than previously reported on February 24, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices and aligns management interests with shareholders. The correction of a previous error is a positive sign of diligence.

Positives

  • The acquisition of restricted stock units and stock options suggests confidence in the company's future performance.
  • The vesting schedules align the executive's interests with the long-term success of the company.

Future Outlook

The vesting schedules for the restricted stock units and stock options suggest a long-term commitment by the executive to the company's success.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity holdings of key personnel.

Comparison to Industry Standards

  • Equity compensation is a common practice among publicly traded companies to align the interests of executives with those of shareholders.
  • Vesting schedules, such as the four-year vesting period described in the document, are standard in the industry to incentivize long-term performance.
  • Companies like Texas Instruments, Applied Materials, and Lam Research also utilize stock options and restricted stock units as part of their executive compensation packages.

Stakeholder Impact

  • Shareholders may view the equity grants as a positive sign, aligning executive interests with long-term company performance.
  • Employees may see the grants as a reflection of the company's commitment to its leadership team.

Key Dates

DateDescription
02/24/2025Date of previous Form 4 filing that contained a discrepancy in share amounts.
04/01/2025Date of transaction: Acquisition of restricted stock units and stock options.
04/03/2025Date of signature for the Form 4 filing.
04/05/2026First vesting date for both restricted stock units and stock options.
04/05/2027Second vesting date for both restricted stock units and stock options.
04/05/2028Third vesting date for both restricted stock units and stock options.
04/05/2029Final vesting date for both restricted stock units and stock options.
04/01/2032Expiration date for the employee stock options.

Keywords

Entegris, Susan G. Rice, restricted stock units, stock options, Form 4, beneficial ownership, executive compensation, ENTG

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