Form 4: KLIC SVP Chylak Reports RSU Vesting, Tax Withholding
Insider Transaction Report
Kulicke & Soffa Industries Senior Vice President Robert Nestor Chylak reported a routine tax withholding of 674 shares related to restricted stock unit vesting on October 16, 2025.
Summary
- Robert Nestor Chylak, Senior Vice President of Kulicke & Soffa Industries Inc. (KLIC), reported a transaction on October 16, 2025.
- The transaction involved the withholding of 674 shares of Common Stock by the Issuer to satisfy tax withholding obligations.
- These shares were withheld in connection with the vesting of 2,364 restricted stock units (RSUs).
- The RSUs vested on October 16, 2025, originating from an RSU award of 7,094 shares granted on October 16, 2024.
- The shares withheld were valued at $39.74 each for tax purposes and were not issued to or sold by the Reporting Person.
- Following this transaction, Robert Nestor Chylak directly beneficially owns 29,984 shares of Common Stock.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to RSU vesting and tax withholding, which is a neutral event for company operations and stock performance.
Positives
- The vesting of 2,364 restricted stock units (RSUs) indicates a portion of the Senior Vice President's long-term incentive compensation has matured, reflecting earned compensation.
Future Outlook
Not applicable to this type of filing.
Industry Context
Not applicable to this type of filing.
Stakeholder Impact
- Shareholders: The transaction is a routine part of executive compensation and does not directly impact shareholder value or company operations.
- Employees: Reflects standard executive compensation practices, which can be a factor in talent retention for key executives.
Key Dates
| Date | Description |
|---|---|
| 10/16/2024 | Date of original RSU award grant of 7,094 shares. |
| 10/16/2025 | Date of RSU vesting (2,364 units) and associated tax withholding transaction. |
| 10/17/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Robert Nestor Chylak. |
Recommendation
holdThis Form 4 details a routine tax withholding event related to the vesting of restricted stock units for a Senior Vice President. Such transactions are standard compensation practices and do not typically indicate a change in the company's fundamental performance or outlook, thus not warranting a change in investment recommendation based solely on this filing.
Keywords
KLIC, Kulicke & Soffa, Form 4, insider transaction, RSU vesting, stock compensation, executive compensation, Robert Nestor Chylak
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