Form 4: FormFactor CFO Shai Shahar Reports Stock Transactions
SEC Form 4
Form 4 filing reveals FormFactor CFO Shai Shahar's stock transactions, including the settlement of restricted stock units and shares withheld for tax obligations.
Summary
- On May 5, 2025, Shai Shahar, CFO and SVP Global Finance of FormFactor Inc., engaged in transactions involving the company's common stock.
- These transactions included the settlement of 1,116 restricted stock units (RSUs) and the withholding of 620 shares to cover tax obligations.
- Following these transactions, Shahar directly owns 42,691 shares of FormFactor common stock and 10,044 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock units granted on August 5, 2024, vest in twelve quarterly installments beginning on November 5, 2024, and ending on August 5, 2027.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| August 5, 2024 | Date of grant for the Restricted Stock Units that vest in twelve quarterly installments. |
| November 5, 2024 | Start date for the quarterly vesting of the Restricted Stock Units. |
| May 5, 2025 | Date of the reported transactions: settlement of RSUs and tax withholding. |
| May 7, 2025 | Date of signature for the Form 4 filing. |
| August 5, 2027 | End date for the quarterly vesting of the Restricted Stock Units. |
Keywords
FormFactor, Shai Shahar, Form 4, restricted stock units, stock transactions, insider trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.