Axcelis (NASDAQ: ACLS) CEO sells 1,244 shares in Rule 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies Inc. president and CEO Russell Low reported an open-market sale of 1,244 shares of common stock at $138.86 per share on May 1, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025.
After this sale, Low directly held 131,038 shares of Axcelis common stock. Of this amount, 83,480 shares were issuable upon vesting of restricted stock units granted under the company’s 2012 Equity Incentive Plan and remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,244 shares ($172,742)
Net Sell
1 txn
Insider
Low Russell
Role
PRESIDENT AND CEO
Sold
1,244 shs ($173K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,244 | $138.86 | $173K |
Holdings After Transaction:
Common Stock — 131,038 shares (Direct, null)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. Of the shares held after this sale on May 1, 2026, 83,480 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
Key Figures
Shares sold: 1,244 shares
Sale price per share: $138.86 per share
Shares held after transaction: 131,038 shares
+1 more
4 metrics
Shares sold
1,244 shares
Open-market sale on May 1, 2026
Sale price per share
$138.86 per share
Price for common stock sold May 1, 2026
Shares held after transaction
131,038 shares
Direct holdings following May 1, 2026 sale
RSU-linked shares
83,480 shares
Issuable upon vesting under 2012 Equity Incentive Plan; subject to forfeiture
Key Terms
Rule 10b5-1 trading plan, restricted stock units, 2012 Equity Incentive Plan, open-market sale
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"83,480 were issuable on vesting of restricted stock units granted to the reporting person"
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 reporting person under the 2012 Equity Incentive Plan"
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.
FAQ
What insider transaction did Axcelis Technologies (ACLS) report for Russell Low?
Axcelis Technologies reported that president and CEO Russell Low sold 1,244 shares of common stock in an open-market transaction at $138.86 per share on May 1, 2026, under a pre-arranged Rule 10b5-1 trading plan.
How many restricted stock units does the Axcelis (ACLS) CEO have after the sale?
Following the May 1, 2026 transaction, 83,480 shares of Axcelis common stock held by Russell Low were issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan and remain subject to forfeiture.