Form 4: Entegris SVP Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Entegris Inc.'s SVP & President, APS Division, Clint Haris, exercised options and sold 5,830 shares of common stock for a profit under a pre-arranged 10b5-1 trading plan.
Summary
- Clint Haris, SVP & President, APS Division of Entegris Inc. (ENTG), executed an option exercise and subsequent sale of common stock.
- On January 21, 2026, Haris acquired 5,830 shares of Entegris Common Stock by exercising employee stock options at a price of $55.72 per share.
- Concurrently, Haris sold 5,830 shares of Entegris Common Stock at a price of $120 per share.
- These transactions were conducted pursuant to a Rule 10b5-1 Trading Plan established on February 10, 2025.
- Following these transactions, Haris's direct beneficial ownership of common stock decreased from 43,572.67 shares to 37,742.67 shares.
- The exercised options were fully vested and were awarded under the Entegris, Inc. 2010 Stock Plan, as amended, in consideration of services as an employee.
Sentiment
Score: 5
Explanation: A neutral score. While an insider sold shares, it was a pre-planned transaction (10b5-1) and represents a profitable exercise of options, which is not inherently negative for the company's operational outlook. The sale itself reduces insider ownership, which can be seen as a slight negative, but the pre-planned nature mitigates immediate concerns.
Positives
- The insider realized a significant gross profit of $64.28 per share ($120 sale price $55.72 exercise price), totaling approximately $374,904.40 from the transaction.
- The transaction was executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale rather than a reaction to immediate company news, which can mitigate concerns about opportunistic insider selling.
Negatives
- A Senior Vice President sold 5,830 shares of company stock, which represents a reduction in their direct equity stake in the company.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The sale by a senior executive could be interpreted by some as a slight negative signal, though mitigated by the pre-arranged 10b5-1 plan.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Rule 10b5-1 Trading Plan established by the Reporting Person. |
| 01/21/2026 | Date of option exercise and common stock sale transactions. |
| 01/22/2026 | Signature date of the Form 4 filing. |
| 02/19/2027 | Expiration date of the employee stock option. |
Recommendation
holdThis Form 4 filing details a pre-scheduled insider transaction involving the exercise of stock options and the subsequent sale of an equal number of shares by a Senior Vice President. While the sale of shares by an insider can sometimes be viewed negatively, the execution under a Rule 10b5-1 trading plan, established well in advance, suggests the decision was not based on immediate, non-public information. The transaction is a routine part of executive compensation and liquidity management. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment thesis. Therefore, a 'hold' recommendation is appropriate as this filing alone does not present a compelling reason to buy or sell the stock.
Keywords
Entegris, ENTG, Form 4, Insider Trading, Stock Option Exercise, Stock Sale, 10b5-1 Plan, Clint Haris, Beneficial Ownership, Executive Compensation
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