Form 4: Entegris SVP Neil Richards Reports Changes in Beneficial Ownership

Neil Richards, SVP at Entegris, reports the disposal of 217 common stock shares to cover tax obligations upon settlement of restricted stock units.

Summary

• On April 5, 2025, Neil Richards, SVP of GOSCQ at Entegris Inc., disposed of 217 shares of common stock to satisfy tax withholding obligations.
• The transaction was executed at a price of $65.39 per share.
• Following the transaction, Richards directly owns 27,849 shares of Entegris common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions for tax purposes, and doesn't indicate a positive or negative sentiment towards the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily reflect a strategic shift or significant event for Entegris within the broader semiconductor materials industry.

Comparison to Industry Standards

• Executive compensation practices, including the use of restricted stock units and subsequent tax withholding, are standard across publicly traded companies in the technology and materials sectors.
• Companies like Applied Materials (AMAT) and Lam Research (LRCX) also utilize similar equity-based compensation plans for their executives.
• The number of shares disposed of for tax purposes is relatively small compared to the executive's overall holdings, which is typical in these situations.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares being disposed of by an executive for tax purposes.

Key Dates

Keywords

Form 4, Beneficial Ownership, Entegris, ENTG, Neil Richards, Stock Disposal, Tax Withholding, Restricted Stock Units