Axcelis EVP sells 2,883 shares in open market
Axcelis Technologies EVP Greg Redinbo sold shares in an open-market transaction.
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Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies EVP Greg Redinbo sold shares in an open-market transaction. On May 13, 2026, he sold 2,883 shares of common stock at $160.85 per share. After the sale, he held 29,823 shares, including 17,752 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Insider Trade Summary
Net Seller: 2,883 shares
Net Sell
1 txn
Insider
Redinbo Greg
Role
EVP MARKETING AND APPLICATIONS
Sold
2,883 shs ($464K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,883 | $160.85 | $464K |
Holdings After Transaction:
Common Stock — 29,823 shares (Direct)
Footnotes (1)
- F1. Of the shares held after this sale on May 13, 2026, 17,752 shares were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture. This amount includes restricted stock units earned by the reporting person upon the achievement of 112.5% of the restricted stock units granted in 2025 based upon the achievement of 2025 performance goals.
Key Figures
Shares sold: 2,883 shares
Sale price: $160.85 per share
Shares held after sale: 29,823 shares
+2 more
5 metrics
Shares sold
2,883 shares
Open-market sale on May 13, 2026
Sale price
$160.85 per share
Open-market transaction price
Shares held after sale
29,823 shares
Post-transaction holdings
RSU-related shares
17,752 shares
Issuable upon vesting of RSUs, subject to forfeiture
Performance RSU achievement
112.5%
RSUs earned based on 2025 performance goals
Key Terms
open-market sale, restricted stock units, subject to forfeiture, Equity Incentive Plan, +1 more
5 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
"17,752 shares were issuable on vesting of restricted stock units"
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.
subject to forfeiture financial
"and are subject to forfeiture"
Equity Incentive Plan financial
"granted to the reporting person under the 2012 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
performance goals financial
"based upon the achievement of 2025 performance goals"
Performance goals are specific, measurable targets a company sets for financial results, operational milestones, or individual roles—examples include revenue, profit, production levels, or completion of a project. They matter to investors because meeting or missing these targets influences management pay, future forecasts, deal-related payments and market confidence; think of them as a scoreboard that helps outsiders judge whether the business is performing as promised.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Axcelis Technologies (ACLS) report for Greg Redinbo?
Axcelis Technologies reported that EVP Greg Redinbo sold 2,883 shares of common stock in an open-market transaction at $160.85 per share on May 13, 2026. This filing details his updated holdings following the sale.
What was the sale price in Greg Redinbo’s Axcelis (ACLS) open-market trade?
Greg Redinbo’s open-market sale was executed at $160.85 per share. The transaction involved 2,883 shares of Axcelis common stock, and the Form 4 records this price as the transaction price per share for the May 13, 2026 sale.
How many restricted stock units does Greg Redinbo have at Axcelis (ACLS)?
Of the shares reported as held after the sale, 17,752 shares are issuable upon vesting of restricted stock units. These units were granted under Axcelis’s 2012 Equity Incentive Plan and remain subject to forfeiture based on vesting conditions.
What performance-based RSUs are included in Greg Redinbo’s Axcelis (ACLS) holdings?
The 17,752 restricted stock units include awards earned after achieving 112.5% of units granted in 2025. This earning level was based on the achievement of Axcelis’s 2025 performance goals, as described in the Form 4 footnote.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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