Form 4: KLIC Executive VP Acquires Shares via PSU Conversion

Kulicke & Soffa Industries Executive Vice President Chan Pin Chong acquired 174 shares of common stock through the conversion of Performance Share Units.

Summary

• Chan Pin Chong, Executive Vice President of Kulicke & Soffa Industries Inc. (KLIC), acquired 174 shares of common stock.
• The acquisition occurred on November 20, 2025, through the conversion of Performance Share Units (PSUs).
• The PSUs were awarded on October 14, 2022, and achieved an 8% payout based on performance criteria.
• The performance criteria included the greater of absolute revenue growth or relative performance against direct competitors over a three-year period.
• Each PSU is convertible into one share of common stock, with the conversion price being $0.
• Following this transaction, Mr. Chong beneficially owns 52,195 shares of common stock.

Sentiment

Score: 7

Explanation: The filing indicates that an executive met performance targets, leading to the vesting of equity awards. This is a positive signal regarding the company's performance against its internal goals and aligns executive incentives with shareholder interests.

Positives

• The Executive Vice President successfully met performance targets, leading to the vesting and conversion of Performance Share Units.
• The payout was based on achieving an 8% performance level against criteria such as absolute revenue growth or relative performance against competitors, indicating positive company performance in those areas.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This is a routine insider transaction, reflecting the vesting and conversion of executive compensation in the form of Performance Share Units. Such transactions are common across industries as part of executive incentive programs designed to align management interests with shareholder value through performance-based awards.

Stakeholder Impact

• Shareholders: The vesting of PSUs indicates that management has met specific performance targets, which is generally positive as it suggests successful execution against strategic goals and aligns executive compensation with company performance.

Key Dates

Keywords

Kulicke & Soffa Industries, KLIC, Insider Transaction, Form 4, Performance Share Units, Executive Compensation, Stock Acquisition, Chan Pin Chong