Form 4: Entegris VP, Controller & CAO Michael Sauer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Michael Sauer, VP, Controller & CAO of Entegris, Inc., reports disposing of 242 shares of common stock on February 20, 2025, to cover tax withholding obligations related to the settlement of restricted stock units.
Summary
- On February 20, 2025, Michael Sauer, VP, Controller & CAO of Entegris, Inc., disposed of 242 shares of common stock.
- The disposal was executed to satisfy tax withholding obligations upon the settlement of restricted stock units.
- The transaction was a direct disposal at a price of $107.99 per share.
- Following the transaction, Sauer directly owns 3,172.707 shares of Entegris common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to insider transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives. This transaction is related to tax obligations, which is a common reason for stock disposals.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of stock disposal transaction. |
| 02/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Entegris, ENTG, Form 4, Michael Sauer, Stock Disposal, Tax Withholding, Restricted Stock Units, Beneficial Ownership, Securities Exchange Act
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