Form 4: Entegris VP, Controller & CAO Reports Tax Withholding Transaction
SEC Form 4 Filing
Michael Sauer, VP, Controller & CAO of Entegris, Inc., reports the withholding of shares to cover tax obligations upon settlement of restricted stock units.
Summary
- On April 5, 2025, Michael Sauer, VP, Controller & CAO of Entegris, Inc., had 116 shares of common stock withheld to cover tax obligations.
- This was due to the settlement of restricted stock units.
- The price per share was $65.39, based on the closing price on April 4, 2025, the last trading day before the vesting date.
- Following the transaction, Sauer beneficially owns 5,664.707 shares of Entegris common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation. It's neutral in nature and doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 04/04/2025 | Closing price of Entegris common stock used for tax withholding calculation. |
| 04/05/2025 | Date of transaction: shares withheld for tax obligations. |
| 04/08/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Entegris, ENTG, Michael Sauer, Tax Withholding, Restricted Stock Units, Beneficial Ownership, Officer Transaction
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