Form 4: Veeco Instruments SVP John P. Kiernan Reports Stock Transactions

John P. Kiernan, SVP & CFO of Veeco Instruments, reports acquisition and disposal of common stock and restricted stock units.

Summary

• On March 14, 2025, John P. Kiernan, SVP & CFO of Veeco Instruments, reported transactions involving Veeco's common stock and restricted stock units (RSUs).
• Kiernan acquired 4,083 shares of common stock upon the vesting of restricted stock units.
• He disposed of 2,056 shares of common stock to satisfy tax withholding obligations at a price of $21.3 per share.
• He disposed of 2,290 shares of common stock to satisfy tax withholding obligations at a price of $21.48 per share.
• Following these transactions, Kiernan directly owns 5,841 shares of common stock and indirectly owns 70,142 shares through a family trust.
• Kiernan was also granted 14,000 restricted stock units (RSUs) and 26,000 performance-based restricted stock units (PRSUs) on March 14, 2025.
• The RSUs vest in three equal installments on the first, second, and third anniversaries of the grant date.
• The PRSUs are contingent upon continued service and the achievement of three-year performance criteria based on Veeco's total shareholder return relative to other companies in the Russell 2000.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The vesting of RSUs and PRSUs is subject to continued service and, in the case of PRSUs, the achievement of performance criteria over a three-year period.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

• Shareholders may be interested in the transactions of company executives as an indicator of management's confidence in the company's future prospects.

Key Dates