Form 4: Entegris SVP Olivier Blachier Reports Stock Transactions

Olivier Blachier, SVP and Chief Strategy Officer at Entegris, reports the disposition and acquisition of company stock, including shares withheld for tax obligations and sales under a pre-arranged trading plan.

Summary

• On February 20, 2025, Olivier Blachier had 500 shares of common stock withheld to cover tax obligations at a price of $107.99.
• Following this transaction, he directly owned 11,887.31 shares.
• On February 21, 2025, Blachier sold 984 shares at $108 per share, reducing his direct ownership to 10,903.31 shares.
• The sales were executed under a Rule 10b5-1 trading plan established on February 16, 2024.
• The reported holdings include 105.70 shares acquired through the Entegris, Inc. Employee Stock Purchase Plan on December 31, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions under a pre-existing trading plan and tax obligations.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It's typical for executives to have pre-arranged trading plans (Rule 10b5-1) to avoid accusations of insider trading.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The transactions are relatively small in scale, suggesting routine portfolio management rather than a significant shift in sentiment.
• Similar filings are common among executives at comparable companies in the semiconductor and materials industries, such as Applied Materials (AMAT) and Lam Research (LRCX).

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders as they are routine and relatively small.

Key Dates

Keywords

Entegris, Olivier Blachier, stock transactions, Form 4, Rule 10b5-1, insider trading, securities, ownership