Axcelis (ACLS) VP Sutton discloses 10,391 shares, including RSUs

Rhea-AI Filing Summary

Axcelis Technologies VP Corporate Controller Todd Sutton filed an initial ownership report showing he directly holds 10,391 shares of common stock. As of March 12, 2026, 5,538 of these shares are issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan and are subject to forfeiture.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Sutton Todd

(Last) (First) (Middle)

108 CHERRY HILL DRIVE

(Street)

BEVERLY MASSACHUSETTS 01915

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/12/2026

3. Issuer Name and Ticker or Trading Symbol
AXCELIS TECHNOLOGIES INC [ ACLS ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Corporate Controller

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	10,391(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Of the shares held as of March 12, 2026, 5,538 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.

	/s/ Eileen J. Evans, Attorney-in-Fact	03/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

How many Axcelis (ACLS) shares does VP Todd Sutton report owning?

VP Corporate Controller Todd Sutton reports direct ownership of 10,391 shares of Axcelis common stock. This figure comes from his initial ownership filing and represents his reported stake as of March 12, 2026.

What portion of Todd Sutton’s Axcelis (ACLS) shares are restricted stock units?

Of the 10,391 reported shares, 5,538 are issuable upon vesting of restricted stock units. These RSUs were granted under Axcelis’s 2012 Equity Incentive Plan and are currently subject to forfeiture.

What does it mean that some of Todd Sutton’s Axcelis (ACLS) shares are subject to forfeiture?

The filing explains that 5,538 shares are tied to restricted stock units that are subject to forfeiture. This means Sutton will only receive these shares if the vesting conditions in the 2012 Equity Incentive Plan are satisfied.

Is Todd Sutton’s Axcelis (ACLS) ownership held directly or indirectly?

Todd Sutton’s initial ownership report classifies his 10,391 Axcelis common shares as directly held. The ownership code is listed as “D,” indicating direct rather than indirect ownership through another entity or account.

What role does Todd Sutton hold at Axcelis (ACLS)?

Todd Sutton is identified as an officer of Axcelis, serving as VP Corporate Controller. His position and equity holdings are disclosed together in this initial ownership report to provide transparency about insider share ownership.