Axcelis (ACLS) director sells 1,789 shares, holding 11,400 after sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies director Jeanne Quirk executed an open-market sale of 1,789 shares of Common Stock at $140.22 per share. After this transaction, she directly holds 11,400 shares, including 1,440 shares issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan that remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,789 shares ($250,854)
Net Sell
1 txn
Insider
Quirk Jeanne
Role
null
Sold
1,789 shs ($251K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,789 | $140.22 | $251K |
Holdings After Transaction:
Common Stock — 11,400 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,789 shares
Sale price per share: $140.22 per share
Shares held after transaction: 11,400 shares
+1 more
4 metrics
Shares sold
1,789 shares
Open-market sale of Common Stock on May 19, 2026
Sale price per share
$140.22 per share
Price for the 1,789 shares sold
Shares held after transaction
11,400 shares
Direct holdings following the reported sale
RSUs included in holdings
1,440 shares
Issuable upon vesting of restricted stock units under 2012 Equity Incentive Plan
Key Terms
open-market sale, restricted stock units, 2012 Equity Incentive Plan, Form 4
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"1,440 were issuable on vesting of restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2012 Equity Incentive Plan financial
"restricted stock units granted to the director under the 2012 Equity Incentive Plan"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Axcelis Technologies (ACLS) report for Jeanne Quirk?
Axcelis Technologies reported that director Jeanne Quirk sold 1,789 shares of Common Stock in an open-market transaction at $140.22 per share. This Form 4 filing reflects a routine insider sale rather than a compensation grant or option exercise.
Does Jeanne Quirk’s Axcelis (ACLS) holding include restricted stock units?
Yes. Of the 11,400 shares reported as held after the sale, 1,440 are issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan. These RSUs are subject to forfeiture until vesting conditions are satisfied.
What does the transaction code on Jeanne Quirk’s Axcelis (ACLS) Form 4 indicate?
The Form 4 uses transaction code “S,” which indicates a sale of Common Stock in the open market or a private transaction. The filing further classifies this as an open-market sale, distinguishing it from grants, gifts, tax withholdings, or derivative exercises.